J Sainsbury (OTCMKTS:JSAIY) Stock Rating Lowered by BNP Paribas

J Sainsbury (OTCMKTS:JSAIY) was downgraded by research analysts at BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Hsbc Global Res upgraded J Sainsbury from a “hold” rating to a “strong-buy” rating in a report on Friday, March 21st. One analyst has rated the stock with a hold rating and three have given a strong buy rating to the stock. According to MarketBeat.com, J Sainsbury presently has a consensus rating of “Strong Buy”.

J Sainsbury Stock Up 2.2 %

J Sainsbury stock opened at $12.25 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.74. J Sainsbury has a 12 month low of $11.92 and a 12 month high of $16.43. The company’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $13.67.

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.