BNP Paribas reiterated their neutral rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research note published on Monday morning. They currently have a GBX 200 ($2.44) target price on the grocer’s stock.
MRW has been the topic of a number of other research reports. Deutsche Bank AG restated a sell rating and issued a GBX 165 ($2.01) price target on shares of WM Morrison Supermarkets PLC in a report on Thursday, September 8th. Barclays PLC reiterated an underweight rating and set a GBX 165 ($2.01) target price on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 14th. Jefferies Group reiterated a buy rating and set a GBX 210 ($2.56) target price on shares of WM Morrison Supermarkets PLC in a report on Monday, September 5th. Shore Capital reiterated a house stock rating on shares of WM Morrison Supermarkets PLC in a report on Wednesday, August 31st. Finally, Beaufort Securities reiterated a hold rating on shares of WM Morrison Supermarkets PLC in a report on Friday, September 16th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 182 ($2.22).
Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 222.30 on Monday. The stock’s market cap is GBX 5.18 billion. WM Morrison Supermarkets PLC has a 12-month low of GBX 138.60 and a 12-month high of GBX 227.10. The company has a 50 day moving average price of GBX 210.17 and a 200 day moving average price of GBX 194.36.
The company also recently declared a dividend, which will be paid on Monday, November 7th. Investors of record on Thursday, September 29th will be paid a GBX 1.58 ($0.02) dividend. The ex-dividend date is Thursday, September 29th. This represents a 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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