Wm Morrison Sup (MRWSY) Research Coverage Started at Berenberg Bank
Berenberg Bank assumed coverage on shares of Wm Morrison Sup (OTCMKTS:MRWSY) in a report issued on Tuesday, StockTargetPrices.com reports. The brokerage set a “sell” rating on the stock.
Other equities analysts have also recently issued research reports about the stock. HSBC Holdings plc raised Wm Morrison Sup from a “reduce” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine lowered shares of Wm Morrison Sup from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Wm Morrison Sup has a consensus rating of “Hold” and an average price target of $17.00.
Wm Morrison Sup (OTCMKTS:MRWSY) traded down 0.57% during trading on Tuesday, hitting $15.73. 5,438 shares of the stock were exchanged. Wm Morrison Sup has a 52 week low of $13.09 and a 52 week high of $16.59. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 15.81 and a beta of 0.64. The firm has a 50-day moving average of $15.99 and a 200-day moving average of $15.62.
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About Wm Morrison Sup
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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