BNP Paribas Downgrades J Sainsbury (OTCMKTS:JSAIY) to Hold

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

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

J Sainsbury Stock Performance

OTCMKTS:JSAIY 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. The firm’s 50-day moving average is $12.88 and its 200-day moving average is $13.67. J Sainsbury has a 52-week low of $11.92 and a 52-week high of $16.43.

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.