J Sainsbury (OTCMKTS:JSAIY) Downgraded to Hold Rating by BNP Paribas

BNP Paribas cut shares of J Sainsbury (OTCMKTS:JSAIY) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Separately, Hsbc Global Res raised J Sainsbury from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

J Sainsbury Trading Up 2.2 %

Shares of OTCMKTS JSAIY opened at $12.25 on Tuesday. J Sainsbury has a 52-week low of $11.92 and a 52-week high of $16.43. The business’s 50 day moving average is $12.88 and its two-hundred day moving average is $13.67. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57.

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.