Wm. Morrison Supermarkets plc Rating Reiterated by Sanford C. Bernstein (MRW)
Wm. Morrison Supermarkets plc (LON:MRW)‘s stock had its “market perform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Wednesday. They currently have a GBX 180 ($3.01) price target on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 2.62% from the company’s current price.
Wm. Morrison Supermarkets plc (LON:MRW) opened at 175.10 on Wednesday. Wm. Morrison Supermarkets plc has a 1-year low of GBX 164.60 and a 1-year high of GBX 312.30. The stock has a 50-day moving average of GBX 173.7 and a 200-day moving average of GBX 200.8. The company’s market cap is £4.085 billion.
A number of other analysts have also recently weighed in on MRW. Analysts at Shore Capital reiterated a “sell” rating on shares of Wm. Morrison Supermarkets plc in a research note on Monday. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Wm. Morrison Supermarkets plc in a research note on Wednesday, August 6th. They now have a GBX 165 ($2.76) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Wm. Morrison Supermarkets plc in a research note on Wednesday, July 30th. They now have a GBX 190 ($3.18) price target on the stock. Thirteen equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Wm. Morrison Supermarkets plc currently has a consensus rating of “Hold” and an average target price of GBX 207.67 ($3.47).
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.