A number of other equities research analysts have also commented on MRW. Shore Capital restated a house stock rating on shares of WM Morrison Supermarkets in a research report on Thursday. UBS Group restated a buy rating and set a GBX 245 ($3.20) price target (down from GBX 260 ($3.40)) on shares of WM Morrison Supermarkets in a research report on Tuesday, September 3rd. Investec upgraded WM Morrison Supermarkets to a buy rating and increased their price target for the stock from GBX 230 ($3.01) to GBX 240 ($3.14) in a research report on Wednesday, August 28th. Deutsche Bank restated a hold rating on shares of WM Morrison Supermarkets in a research report on Friday. Finally, Berenberg Bank decreased their price target on WM Morrison Supermarkets from GBX 265 ($3.46) to GBX 230 ($3.01) and set a buy rating on the stock in a research report on Friday, August 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. WM Morrison Supermarkets has an average rating of Hold and an average price target of GBX 242.92 ($3.17).
LON MRW opened at GBX 207.25 ($2.71) on Friday. The firm has a market cap of $4.97 billion and a PE 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 stock’s 50 day simple moving average is GBX 188.79 and its 200 day simple moving average is GBX 207.97. 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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