Shore Capital Reaffirms House Stock Rating for J Sainsbury (LON:SBRY)

J Sainsbury (LON:SBRY)‘s stock had its “house stock” rating reissued by investment analysts at Shore Capital in a report released on Tuesday, Marketbeat Ratings reports.

Several other equities analysts also recently weighed in on SBRY. JPMorgan Chase & Co. reissued an “underweight” rating on shares of J Sainsbury in a research note on Friday, June 28th. Jefferies Financial Group raised shares of J Sainsbury to a “buy” rating and set a GBX 300 ($3.79) target price on the stock in a research note on Monday, April 22nd.

J Sainsbury Stock Performance

LON:SBRY opened at GBX 254.60 ($3.22) on Tuesday. The company’s 50-day moving average price is GBX 268.12 and its 200-day moving average price is GBX 269.62. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 96.62. The company has a market cap of £6.01 billion, a P/E ratio of 4,243.33, a P/E/G ratio of 0.39 and a beta of 0.66. J Sainsbury has a twelve month low of GBX 243.80 ($3.08) and a twelve month high of GBX 311.16 ($3.94).

Insider Buying and Selling at J Sainsbury

In other J Sainsbury news, insider Simon Roberts sold 189,648 shares of the business’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of GBX 263 ($3.33), for a total value of £498,774.24 ($630,880.65). 5.37% of the stock is currently owned by company insiders.

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 and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.