Shares of J Sainsbury plc (OTCMKTS:JSAIY – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.95 and traded as low as $12.29. J Sainsbury shares last traded at $12.32, with a volume of 87,440 shares changing hands.
Analysts Set New Price Targets
Separately, Hsbc Global Res upgraded shares of J Sainsbury from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 21st. Four investment analysts have rated the stock with a strong buy rating, Based on data from MarketBeat, J Sainsbury presently has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on J Sainsbury
J Sainsbury Trading Up 0.7 %
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.
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