J Sainsbury (OTCMKTS:JSAIY) Stock Rating Upgraded by Royal Bank of Canada

J Sainsbury (OTCMKTS:JSAIY) was upgraded by research analysts at Royal Bank of Canada to a “moderate buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. Barclays upgraded J Sainsbury to a “strong-buy” rating in a report on Monday, September 16th. BNP Paribas upgraded J Sainsbury to a “strong-buy” rating in a research report on Friday, October 18th. Finally, UBS Group raised shares of J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th.

J Sainsbury Stock Performance

OTCMKTS JSAIY opened at $12.83 on Tuesday. 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 twelve month low of $12.09 and a twelve month high of $16.43. The stock has a 50-day moving average of $14.70 and a 200 day moving average of $14.38.

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.