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Wm. Morrison Supermarkets plc (LON:MRW) was downgraded by equities research analysts at Deutsche Bank to a “sell” rating in a research note issued to investors on Wednesday. They currently have a GBX 190 ($3.19) target price on the stock. Deutsche Bank’s target price points to a potential downside of 1.96% from the stock’s previous close.

Shares of Wm. Morrison Supermarkets plc (LON:MRW) traded down 0.31% on Wednesday, hitting GBX 193.80. The stock had a trading volume of 9,362,890 shares. Wm. Morrison Supermarkets plc has a 52-week low of GBX 184.40 and a 52-week high of GBX 312.30. The stock has a 50-day moving average of GBX 200.4 and a 200-day moving average of GBX 230.3. The company’s market cap is £4.521 billion.

A number of other firms have also recently commented on MRW. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Wm. Morrison Supermarkets plc in a research note on Friday, May 30th. They now have a GBX 180 ($3.02) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Wm. Morrison Supermarkets plc in a research note on Thursday, May 29th. Finally, analysts at Galvan Research reiterated a “buy” rating on shares of Wm. Morrison Supermarkets plc in a research note on Thursday, May 22nd. Fourteen investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. Wm. Morrison Supermarkets plc currently has an average rating of “Hold” and an average target price of GBX 217.14 ($3.64).

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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