J Sainsbury plc (OTCMKTS:JSAIY) Given Consensus Rating of “Hold” by Brokerages

Shares of J Sainsbury plc (OTCMKTS:JSAIY) have earned a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company.

JSAIY has been the subject of several analyst reports. BNP Paribas raised shares of J Sainsbury from an “underperform” rating to a “neutral” rating in a report on Friday, September 20th. Zacks Investment Research raised shares of J Sainsbury from a “sell” rating to a “hold” rating in a report on Saturday, November 2nd. Finally, UBS Group raised shares of J Sainsbury from a “neutral” rating to a “buy” rating in a report on Tuesday, September 17th.

OTCMKTS JSAIY traded up $0.12 during trading hours on Wednesday, hitting $11.18. 37,200 shares of the stock were exchanged, compared to its average volume of 67,139. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 10.45, a price-to-earnings-growth ratio of 2.82 and a beta of 0.95. J Sainsbury has a 12-month low of $8.61 and a 12-month high of $15.58. The stock has a 50-day moving average of $10.90 and a 200 day moving average of $10.26. The company has a quick ratio of 0.50, a current ratio of 0.66 and a debt-to-equity ratio of 0.11.

The company also recently declared a Semi-Annual dividend, which will be paid on Monday, December 30th. Investors of record on Monday, November 25th will be issued a dividend of $0.149 per share. The ex-dividend date is Friday, November 22nd. J Sainsbury’s dividend payout ratio is currently 28.04%.

About J Sainsbury

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail – Food; Retail – General Merchandise and Clothing; Financial Services; and Property Investment.

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Analyst Recommendations for J Sainsbury (OTCMKTS:JSAIY)

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