Deutsche Bank restated their hold rating on shares of WM Morrison Supermarkets (LON:MRW) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on MRW. Barclays reissued an underweight rating on shares of WM Morrison Supermarkets in a report on Tuesday, July 16th. Shore Capital reaffirmed a house stock rating on shares of WM Morrison Supermarkets in a report on Thursday. Jefferies Financial Group reduced their target price on shares of WM Morrison Supermarkets from GBX 265 ($3.46) to GBX 255 ($3.33) and set a buy rating on the stock in a report on Monday, August 12th. Berenberg Bank reduced their target price on shares of WM Morrison Supermarkets from GBX 265 ($3.46) to GBX 230 ($3.01) and set a buy rating on the stock in a report on Friday, August 16th. Finally, UBS Group reaffirmed a buy rating and set a GBX 245 ($3.20) target price (down previously from GBX 260 ($3.40)) on shares of WM Morrison Supermarkets in a report on Tuesday, September 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. WM Morrison Supermarkets has a consensus rating of Hold and an average target price of GBX 242.92 ($3.17).
Shares of LON:MRW opened at GBX 207.25 ($2.71) on Friday. The company’s fifty day moving average price is GBX 188.79 and its 200-day moving average price is GBX 207.97. The firm has a market capitalization of $4.97 billion and a price-to-earnings ratio of 20.52. WM Morrison Supermarkets has a one year low of GBX 176.90 ($2.31) and a one year high of GBX 269.80 ($3.53). The company has a debt-to-equity ratio of 27.96, a current ratio of 0.42 and a quick ratio of 0.14.
About WM Morrison Supermarkets
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.
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