WM Morrison Supermarkets (LON:MRW)‘s stock had its “hold” rating reiterated by Deutsche Bank in a note issued to investors on Monday.
Other analysts also recently issued reports about the company. Shore Capital Group reissued a “house stock” rating on shares of WM Morrison Supermarkets in a research report on Thursday, November 2nd. Morgan Stanley lifted their target price on WM Morrison Supermarkets from GBX 170 ($2.31) to GBX 210 ($2.85) and gave the company an “underweight” rating in a research report on Wednesday, September 20th. reaffirmed a “hold” rating and issued a GBX 240 ($3.25) target price on shares of WM Morrison Supermarkets in a research report on Friday, November 3rd. HSBC reaffirmed a “hold” rating and issued a GBX 240 ($3.25) target price on shares of WM Morrison Supermarkets in a research report on Friday, November 3rd. Finally, reaffirmed a “hold” rating and issued a GBX 240 ($3.25) target price on shares of WM Morrison Supermarkets in a research report on Friday, September 15th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 229.11 ($3.11).
Shares of WM Morrison Supermarkets (MRW) opened at GBX 228.30 ($3.10) on Monday. The stock has a market capitalization of $5,420.00 and a PE ratio of 1,522.00. WM Morrison Supermarkets has a 52-week low of GBX 205 ($2.78) and a 52-week high of GBX 254.40 ($3.45).
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About WM Morrison Supermarkets
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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