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) in a research note issued to investors on Friday morning, MarketBeat Ratings reports.

J Sainsbury Trading Up 2.8 %

Shares of LON SBRY opened at GBX 253.80 ($3.18) on Friday. J Sainsbury has a 1 year low of GBX 237.60 ($2.98) and a 1 year high of GBX 311.16 ($3.90). The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The firm has a 50-day moving average of GBX 277.27 and a 200 day moving average of GBX 273.61. The stock has a market cap of £5.91 billion, a P/E ratio of 4,230.00, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67.

J Sainsbury Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 14th will be given a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.46%. The ex-dividend date is Thursday, November 14th. J Sainsbury’s dividend payout ratio (DPR) is presently 21,666.67%.

J Sainsbury Company Profile

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.