J Sainsbury's (SBRY) "House Stock" Rating Reiterated at Shore Capital

Shore Capital reissued their house stock rating on shares of J Sainsbury (LON:SBRY - Free Report) in a research report sent to investors on Monday morning,Digital Look reports.

Separately, JPMorgan Chase & Co. decreased their price objective on J Sainsbury from GBX 310 ($3.99) to GBX 305 ($3.93) and set an "overweight" rating on the stock in a research report on Monday, January 13th.

J Sainsbury Price Performance

J Sainsbury stock traded up GBX 3.80 ($0.05) during mid-day trading on Monday, reaching GBX 254.60 ($3.28). 12,192,680 shares of the company's stock traded hands, compared to its average volume of 22,304,852. J Sainsbury has a 12-month low of GBX 237.60 ($3.06) and a 12-month high of GBX 301.40 ($3.88). The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36. The stock has a 50 day moving average of GBX 260.08 and a two-hundred day moving average of GBX 270.47. The company has a market cap of £5.87 billion, a price-to-earnings ratio of 42.94, a PEG ratio of 0.42 and a beta of 0.67.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers. Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.