Today: The WM Morrison Supermarkets PLC (MRW) Receives GBX 182 Average PT from Analysts

The WM Morrison Supermarkets PLC (MRW) Receives GBX 182 Average PT from Analysts

WM Morrison Supermarkets PLC (LON:MRW) has received an average rating of “Hold” from the nineteen research firms that are presently covering the company. Seven investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 182 ($2.25).

Several brokerages have recently issued reports on MRW. Shore Capital reaffirmed a “house stock” rating on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, August 17th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 145 ($1.79) price objective on shares of WM Morrison Supermarkets PLC in a research note on Friday, August 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 200 ($2.48) price objective on shares of WM Morrison Supermarkets PLC in a research note on Thursday, September 8th. Deutsche Bank AG reaffirmed a “sell” rating on shares of WM Morrison Supermarkets PLC in a research note on Friday, June 24th. Finally, HSBC reaffirmed a “reduce” rating and issued a GBX 135 ($1.67) price objective on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, August 10th.

WM Morrison Supermarkets PLC (LON:MRW) opened at 219.00 on Tuesday. WM Morrison Supermarkets PLC has a 52 week low of GBX 138.60 and a 52 week high of GBX 227.10. The stock’s market cap is GBX 5.11 billion. The stock has a 50 day moving average of GBX 208.65 and a 200-day moving average of GBX 194.11.

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