WM Morrison Supermarkets PLC (MRWSY) Earns “Hold” Rating from HSBC Holdings plc
WM Morrison Supermarkets PLC (NASDAQ:MRWSY)‘s stock had its “hold” rating reiterated by HSBC Holdings plc in a research report issued to clients and investors on Tuesday.
Separately, Zacks Investment Research downgraded WM Morrison Supermarkets PLC from a “hold” rating to a “sell” rating in a report on Tuesday, May 30th.
Shares of WM Morrison Supermarkets PLC (MRWSY) traded down 1.128% during trading on Tuesday, reaching $16.215. The company had a trading volume of 7,023 shares. The firm has a 50-day moving average price of $15.85 and a 200-day moving average price of $15.34. The company has a market capitalization of $7.55 billion and a P/E ratio of 19.304. WM Morrison Supermarkets PLC has a 52-week low of $12.12 and a 52-week high of $16.46.
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WM Morrison Supermarkets PLC 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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