Share on StockTwits
 

WM Morrison Supermarkets (LON:MRW)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday, Analyst Ratings News reports. They currently have a GBX 200 ($3.28) price target on the stock. Deutsche Bank’s price objective would indicate a potential downside of 16.18% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of WM Morrison Supermarkets in a research note on Wednesday, February 5th. They now have a GBX 230 ($3.77) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of WM Morrison Supermarkets in a research note on Tuesday, February 4th. They now have a GBX 270 ($4.43) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of WM Morrison Supermarkets in a research note on Tuesday, January 28th. They now have a GBX 330 ($5.41) price target on the stock. Fifteen research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. WM Morrison Supermarkets presently has a consensus rating of “Hold” and a consensus price target of GBX 254.34 ($4.17).

Shares of WM Morrison Supermarkets (LON:MRW) traded down 1.04% on Wednesday, hitting GBX 237.80. The stock had a trading volume of 27,082,468 shares. WM Morrison Supermarkets has a 52-week low of GBX 232.30 and a 52-week high of GBX 312.30. The stock has a 50-day moving average of GBX 249.4 and a 200-day moving average of GBX 271.9. The company’s market cap is £5.527 billion.

Wm Morrison Supermarkets PLC is a food retailer. As of January 29, 2012, the Company had 475 stores across Britain, ranging in size from 3,000 to over 40,000 square feet.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.