Wm. Morrison Supermarkets plc Rating Reiterated by Galvan Research (MRW)
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Wm. Morrison Supermarkets plc in a research note on Thursday. They now have a GBX 175 ($2.94) price target on the stock. Separately, analysts at Deutsche Bank downgraded shares of Wm. Morrison Supermarkets plc to a “sell” rating in a research note on Wednesday. They now have a GBX 190 ($3.20) price target on the stock, down previously from GBX 200 ($3.36). Finally, analysts at Nomura reiterated a “buy” rating on shares of Wm. Morrison Supermarkets plc in a research note on Monday, May 12th. They now have a GBX 270 ($4.54) price target on the stock. Fourteen equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Wm. Morrison Supermarkets plc currently has an average rating of “Hold” and an average target price of GBX 216.43 ($3.64).
Wm. Morrison Supermarkets plc (LON:MRW) traded up 0.20% during mid-day trading on Thursday, hitting GBX 205.40. The stock had a trading volume of 8,017,632 shares. Wm. Morrison Supermarkets plc has a 1-year low of GBX 184.40 and a 1-year high of GBX 312.30. The stock’s 50-day moving average is GBX 201.6 and its 200-day moving average is GBX 235.7. The company’s market cap is £4.792 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.
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