J Sainsbury (LON:SBRY) Given House Stock Rating at Shore Capital

Shore Capital reiterated their house stock rating on shares of J Sainsbury (LON:SBRY) in a research report released on Friday morning, Marketbeat.com reports.

J Sainsbury Stock Up 2.8 %

LON SBRY opened at GBX 253.80 ($3.18) on Friday. J Sainsbury has a 1 year low of GBX 237.60 ($2.98) and a 1 year high of GBX 311.16 ($3.90). The stock has a market capitalization of £5.91 billion, a PE ratio of 4,230.00, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The business’s 50-day moving average is GBX 277.27 and its 200 day moving average is GBX 273.61.

J Sainsbury Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 1.46%. J Sainsbury’s dividend payout ratio (DPR) is presently 21,666.67%.

J Sainsbury 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 and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.