J Sainsbury’s (SBRY) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reissued their house stock rating on shares of J Sainsbury (LON:SBRY) in a research report sent to investors on Friday morning, MarketBeat.com reports.

J Sainsbury Stock Down 0.2 %

Shares of LON SBRY opened at GBX 253.20 ($3.18) on Friday. The company’s 50-day simple moving average is GBX 275.54 and its 200-day simple moving average is GBX 273.50. J Sainsbury has a 52-week low of GBX 237.60 ($2.98) and a 52-week high of GBX 311.16 ($3.91). The firm has a market cap of £5.90 billion, a price-to-earnings ratio of 4,220.00, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. 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 Cuts Dividend

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