J. Sainsbury PLC (OTCMKTS:JSAIY – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $17.35 and traded as high as $19.19. J. Sainsbury shares last traded at $19.18, with a volume of 22,584 shares trading hands.
Analyst Ratings Changes
Several equities research analysts have weighed in on JSAIY shares. The Goldman Sachs Group downgraded J. Sainsbury from a “strong-buy” rating to a “sell” rating in a report on Monday, April 27th. Citigroup downgraded shares of J. Sainsbury from a “buy” rating to a “neutral” rating in a report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of J. Sainsbury in a research report on Monday, April 13th. Finally, Zacks Research upgraded shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on JSAIY
J. Sainsbury Stock Performance
About J. Sainsbury
J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom’s leading grocery retailers. Through its primary Sainsbury’s supermarket banner and smaller convenience formats under the Sainsbury’s Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury’s extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.
Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury’s has grown from a single dairy shop in London’s Drury Lane to a nationwide retail network.
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