Goldman Sachs Group Upgrades Wm Morrison Sup (MRWSY) to Neutral
Wm Morrison Sup (OTCMKTS:MRWSY) was upgraded by stock analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Tuesday.
MRWSY has been the topic of several other reports. Berenberg Bank began coverage on Wm Morrison Sup in a report on Tuesday, October 3rd. They set a “sell” rating on the stock. Zacks Investment Research raised Wm Morrison Sup from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Thursday, September 7th. ValuEngine downgraded Wm Morrison Sup from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Finally, reaffirmed a “hold” rating on shares of Wm Morrison Sup in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Wm Morrison Sup currently has an average rating of “Hold” and an average target price of $18.00.
Shares of Wm Morrison Sup (OTCMKTS MRWSY) traded down $0.11 on Tuesday, reaching $14.32. The company’s stock had a trading volume of 36,636 shares, compared to its average volume of 34,719. Wm Morrison Sup has a 52-week low of $13.34 and a 52-week high of $16.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.28 and a current ratio of 0.48.
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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