Free Trial

J Sainsbury (LON:SBRY) Shares Pass Above 200-Day Moving Average - What's Next?

J Sainsbury logo with Consumer Defensive background

Shares of J Sainsbury plc (LON:SBRY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 274.47 ($3.56) and traded as high as GBX 278.60 ($3.62). J Sainsbury shares last traded at GBX 275.60 ($3.58), with a volume of 5,122,637 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SBRY. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of J Sainsbury in a research report on Friday, June 28th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 300 ($3.90) target price on shares of J Sainsbury in a research report on Tuesday, July 2nd. Finally, Shore Capital reissued a "house stock" rating on shares of J Sainsbury in a research report on Thursday, September 19th.

Check Out Our Latest Stock Analysis on J Sainsbury

J Sainsbury Price Performance

The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. The business has a 50 day simple moving average of GBX 287.32 and a 200-day simple moving average of GBX 274.47. The firm has a market cap of £6.40 billion, a price-to-earnings ratio of 4,616.67, a P/E/G ratio of 0.42 and a beta of 0.67.

About J Sainsbury

(Get Free Report)

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.

Further Reading

Should you invest $1,000 in J Sainsbury right now?

Before you consider J Sainsbury, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and J Sainsbury wasn't on the list.

While J Sainsbury currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines