J Sainsbury’s (SBRY) “House Stock” Rating Reiterated at Shore Capital

Shore Capital reissued their house stock rating on shares of J Sainsbury (LON:SBRY) in a report published on Friday, MarketBeat reports.

J Sainsbury Stock Performance

Shares of SBRY stock opened at GBX 253.80 ($3.20) on Friday. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36. J Sainsbury has a 52 week low of GBX 237.60 ($2.99) and a 52 week high of GBX 311.16 ($3.92). The stock has a market capitalization of £5.91 billion, a PE ratio of 4,230.00, a P/E/G ratio of 0.42 and a beta of 0.67. The firm has a 50 day moving average of GBX 276.40 and a two-hundred day moving average of GBX 273.56.

J Sainsbury Cuts Dividend

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

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.