WM Morrison Supermarkets PLC’s (MRW) house stock Rating Reiterated at Shore Capital
WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital in a research note issued to investors on Thursday.
Several other analysts have also issued reports on the company. Barclays PLC boosted their target price on WM Morrison Supermarkets PLC from GBX 205 ($2.71) to GBX 220 ($2.90) and gave the company an “underweight” rating in a research note on Friday, September 1st. Deutsche Bank AG restated a “hold” rating and issued a GBX 225 ($2.97) target price on shares of WM Morrison Supermarkets PLC in a research note on Friday, July 7th. HSBC Holdings plc restated a “reduce” rating and issued a GBX 190 ($2.51) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, July 19th. Jefferies Group LLC restated a “hold” rating and issued a GBX 250 ($3.30) target price on shares of WM Morrison Supermarkets PLC in a research note on Monday, October 23rd. Finally, BNP Paribas restated an “outperform” rating and issued a GBX 270 ($3.56) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, September 13th. Eight analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 228.18 ($3.01).
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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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