Exane BNP Paribas Reports Rating Change From Neutral On J. Sainsbury plc (JSAIY).

May 16, 2018 - By Charla Downs

J Sainsbury plc (OTCMKTS:JSAIY) Corporate Logo

Exane BNP Paribas Cut J. Sainsbury plc (JSAIY)’s Stock Rating to Underperform.

The rating decrease of J. Sainsbury plc (JSAIY) was announced on Tuesday morning. Exane BNP Paribas cut the rating from Neutral to Underperform.

The stock increased 2.50% or $0.4025 during the last trading session, touching $16.4725.J Sainsbury plc has volume of 36,513 shares. Since May 16, 2017 JSAIY has 0.00% and is . JSAIY underperformed the S&P 500 by 11.55%.

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom.The company has $9.02 billion market cap. It operates through four divisions: Retail ? Food; Retail ? General Merchandise & Clothing; Financial Services; and Property Investment.The P/E ratio is 29. The firm operates various store formats, including convenience stores and supermarkets, as well as offers organic produce under the Food to Go and FreeFrom names.

There’s an important J Sainsbury plc (OTCMKTS:JSAIY) news announced by Seekingalpha.com. It’s an item titled: “Walmart’s Asda confirms Sainsbury merger” on April 30, 2018.

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