WM Morrison Supermarkets PLC (NASDAQ:MRWSY) Upgraded to Hold by HSBC Holdings plc

HSBC Holdings plc upgraded shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) from a reduce rating to a hold rating in a research note issued to investors on Wednesday, August 2nd, Marketbeat.com reports.

Separately, Zacks Investment Research downgraded shares of WM Morrison Supermarkets PLC from a hold rating to a sell rating in a report on Tuesday, May 30th.

WM Morrison Supermarkets PLC (NASDAQ:MRWSY) opened at 16.13 on Wednesday. The company has a 50-day moving average price of $15.95 and a 200-day moving average price of $15.39. WM Morrison Supermarkets PLC has a 12-month low of $12.12 and a 12-month high of $16.46. The stock has a market capitalization of $7.51 billion and a price-to-earnings ratio of 18.87.

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About WM Morrison Supermarkets PLC

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

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