WM Morrison Supermarkets PLC’s (MRW) house stock Rating Reaffirmed at Shore Capital

WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital in a research note issued on Thursday.

Other equities research analysts also recently issued reports about the company. HSBC Holdings plc reaffirmed a “hold” rating on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 6th. Deutsche Bank AG raised their target price on WM Morrison Supermarkets PLC from GBX 225 ($2.97) to GBX 235 ($3.10) and gave the company a “hold” rating in a report on Tuesday, August 29th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a GBX 250 ($3.30) target price on shares of WM Morrison Supermarkets PLC in a report on Monday, October 23rd. Eight analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 228.18 ($3.01).

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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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