WM Morrison Supermarkets PLC (LON:MRW) has been assigned an average rating of “Hold” from the nineteen analysts that are covering the firm. Seven equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 182 ($2.25).
A number of equities analysts recently issued reports on the company. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 180 ($2.23) target price on shares of WM Morrison Supermarkets PLC in a report on Monday, June 27th. Societe Generale increased their target price on WM Morrison Supermarkets PLC from GBX 150 ($1.86) to GBX 170 ($2.10) and gave the stock a “sell” rating in a report on Friday, September 16th. BNP Paribas raised WM Morrison Supermarkets PLC to a “neutral” rating and increased their price target for the company from GBX 165 ($2.04) to GBX 200 ($2.48) in a research report on Friday, September 16th. Barclays PLC reissued an “underweight” rating and issued a GBX 165 ($2.04) price target on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, September 7th. Finally, Beaufort Securities reissued a “hold” rating on shares of WM Morrison Supermarkets PLC in a research report on Friday, September 16th.
WM Morrison Supermarkets PLC (LON:MRW) opened at 220.20 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 company’s market capitalization is GBX 5.13 billion. The firm’s 50-day moving average is GBX 209.24 and its 200-day moving average is GBX 194.29.
The firm also recently declared a dividend, which will be paid on Monday, November 7th. Stockholders of record on Thursday, September 29th will be given a dividend of GBX 1.58 ($0.02) per share. The ex-dividend date is Thursday, September 29th. This represents a dividend yield of 0.76%.
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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