Wm Morrison Sup (MRWSY) Lifted to “Hold” at HSBC Holdings plc
Wm Morrison Sup (OTCMKTS:MRWSY) was upgraded by equities research analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating in a research report issued on Wednesday, StockTargetPrices.com reports.
Separately, ValuEngine upgraded shares of Wm Morrison Sup from a “hold” rating to a “buy” rating in a report on Friday, July 7th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $17.00.
Wm Morrison Sup (OTCMKTS MRWSY) traded up 1.06% on Wednesday, hitting $16.25. 1,009 shares of the company were exchanged. The company has a 50 day moving average price of $15.79 and a 200-day moving average price of $15.32. Wm Morrison Sup has a 52 week low of $11.92 and a 52 week high of $16.43. The stock has a market capitalization of $7.56 billion, a P/E ratio of 19.35 and a beta of 0.64.
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Wm Morrison Sup Company Profile
Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.
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