Barclays Increases J Sainsbury (OTCMKTS:JSAIY) Price Target to GBX 295

J Sainsbury (OTCMKTS:JSAIYGet Rating) had its price target hoisted by investment analysts at Barclays from GBX 285 ($3.53) to GBX 295 ($3.65) in a report issued on Friday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. BNP Paribas upgraded shares of J Sainsbury from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 21st. Morgan Stanley increased their price target on shares of J Sainsbury from GBX 220 ($2.72) to GBX 228 ($2.82) in a report on Thursday, January 12th. Finally, JPMorgan Chase & Co. increased their price target on shares of J Sainsbury from GBX 206 ($2.55) to GBX 213 ($2.64) in a report on Thursday, January 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $226.00.

J Sainsbury Price Performance

J Sainsbury stock opened at $13.95 on Friday. The firm has a 50-day moving average of $13.01 and a 200-day moving average of $11.39. J Sainsbury has a one year low of $7.46 and a one year high of $14.04. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.54 and a current ratio of 0.70.

J Sainsbury Company Profile

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J Sainsbury Plc engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandise and Clothing, and Financial Services. The Retail segment distributes food, general merchandise, and clothing. The Financial Services includes Sainsbury’s Bank Plc and Argos Financial Services entities.

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Analyst Recommendations for J Sainsbury (OTCMKTS:JSAIY)

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