Brokers Set Expectations for WM MORRISON SUP/ADR’s FY2020 Earnings (MRWSY)

Share on StockTwits

WM MORRISON SUP/ADR (OTCMKTS:MRWSY) – Equities researchers at Jefferies Financial Group boosted their FY2020 earnings estimates for shares of WM MORRISON SUP/ADR in a note issued to investors on Wednesday, March 13th. Jefferies Financial Group analyst J. Grzinic now expects that the company will post earnings per share of $0.92 for the year, up from their previous forecast of $0.89. Jefferies Financial Group also issued estimates for WM MORRISON SUP/ADR’s FY2021 earnings at $0.98 EPS.

Several other brokerages have also weighed in on MRWSY. Zacks Investment Research upgraded WM MORRISON SUP/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th. Citigroup upgraded WM MORRISON SUP/ADR from a “sell” rating to a “neutral” rating in a research report on Monday, February 4th. Berenberg Bank upgraded WM MORRISON SUP/ADR from a “hold” rating to a “buy” rating in a research report on Tuesday, February 5th. Finally, Morgan Stanley started coverage on WM MORRISON SUP/ADR in a research report on Thursday, February 7th. They set an “equal weight” rating for the company. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $18.00.

Shares of WM MORRISON SUP/ADR stock opened at $14.79 on Friday. The company has a market capitalization of $6.99 billion, a P/E ratio of 18.96, a price-to-earnings-growth ratio of 1.95 and a beta of 0.81. WM MORRISON SUP/ADR has a fifty-two week low of $13.22 and a fifty-two week high of $17.47. The company has a quick ratio of 0.18, a current ratio of 0.37 and a debt-to-equity ratio of 0.22.

WM MORRISON SUP/ADR Company Profile

Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.

Further Reading: Capital gains and your 401(k) or IRA

Receive News & Ratings for WM MORRISON SUP/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WM MORRISON SUP/ADR and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zacks Investment Research Upgrades Vermilion Energy  to Buy
Zacks Investment Research Upgrades Vermilion Energy to Buy
Worldpay  Lowered to Hold at Zacks Investment Research
Worldpay Lowered to Hold at Zacks Investment Research
Brokerages Set Noble Energy, Inc.  PT at $38.50
Brokerages Set Noble Energy, Inc. PT at $38.50
Werner Enterprises  Raised to Buy at BidaskClub
Werner Enterprises Raised to Buy at BidaskClub
Enochian Biosciences Inc  Director Rene Sindlev Purchases 20,000 Shares
Enochian Biosciences Inc Director Rene Sindlev Purchases 20,000 Shares
Thermon Group  Lowered to Hold at ValuEngine
Thermon Group Lowered to Hold at ValuEngine


© 2006-2019 Ticker Report