BNP Paribas lowered shares of Sainsbury’s (OTCMKTS:JSAIY) from a neutral rating to an underperform rating in a research report released on Tuesday morning.
Several other brokerages have also recently issued reports on JSAIY. Zacks Investment Research cut Sainsbury’s from a buy rating to a hold rating in a report on Wednesday, May 2nd. Sanford C. Bernstein downgraded Sainsbury’s from an outperform rating to a market perform rating in a research report on Monday. HSBC raised Sainsbury’s from a reduce rating to a hold rating in a research report on Monday, April 30th. Finally, ValuEngine downgraded Sainsbury’s from a buy rating to a hold rating in a research report on Monday, April 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $19.00.
Shares of JSAIY opened at $16.52 on Tuesday. The company has a market cap of $8.82 billion, a PE ratio of 15.28, a PEG ratio of 2.90 and a beta of 0.93. Sainsbury’s has a 1 year low of $11.78 and a 1 year high of $17.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.51 and a current ratio of 0.70.
The business also recently announced a Semi-Annual dividend, which will be paid on Monday, July 23rd. Stockholders of record on Friday, June 8th will be given a dividend of $0.365 per share. The ex-dividend date of this dividend is Thursday, June 7th. Sainsbury’s’s dividend payout ratio is currently 43.52%.
Sainsbury’s 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. It operates through four segments: Retail ? Food; Retail ? General Merchandise & Clothing; Financial Services; and Property Investment.
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