J Sainsbury (OTCMKTS:JSAIY) Upgraded by Barclays to “Strong-Buy”

Barclays upgraded shares of J Sainsbury (OTCMKTS:JSAIY) to a strong-buy rating in a report issued on Monday, Zacks.com reports.

J Sainsbury Stock Up 0.9 %

Shares of JSAIY opened at $15.91 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. J Sainsbury has a 1 year low of $11.96 and a 1 year high of $16.15. The business’s 50 day simple moving average is $14.80 and its 200-day simple moving average is $13.94.

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.