J Sainsbury (OTCMKTS:JSAIY) Upgraded to Moderate Buy at Royal Bank of Canada

J Sainsbury (OTCMKTS:JSAIY) was upgraded by analysts at Royal Bank of Canada to a “moderate buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently commented on JSAIY. Barclays raised shares of J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group raised J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. Finally, BNP Paribas raised J Sainsbury to a “strong-buy” rating in a research report on Friday, October 18th.

J Sainsbury Stock Performance

Shares of J Sainsbury stock opened at $12.83 on Tuesday. J Sainsbury has a 12 month low of $12.09 and a 12 month high of $16.43. The stock’s fifty day moving average price is $14.70 and its 200-day moving average price is $14.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.49 and a current ratio of 0.66.

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.