WM Morrison Supermarkets (MRW) Rating Reiterated by Deutsche Bank
WM Morrison Supermarkets (LON:MRW)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday.
MRW has been the topic of a number of other research reports. Goldman Sachs Group raised shares of WM Morrison Supermarkets to a “neutral” rating and upped their target price for the stock from GBX 195 ($2.62) to GBX 210 ($2.83) in a report on Tuesday, December 5th. reaffirmed a “hold” rating and set a GBX 240 ($3.23) target price on shares of WM Morrison Supermarkets in a report on Friday, September 15th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 260 ($3.50) target price on shares of WM Morrison Supermarkets in a report on Friday, September 15th. Barclays decreased their target price on shares of WM Morrison Supermarkets from GBX 220 ($2.96) to GBX 215 ($2.89) and set an “underweight” rating on the stock in a report on Friday, September 15th. Finally, Credit Suisse Group upped their target price on shares of WM Morrison Supermarkets from GBX 240 ($3.23) to GBX 250 ($3.36) and gave the stock a “neutral” rating in a report on Monday, October 2nd. Seven research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 229.95 ($3.09).
WM Morrison Supermarkets (LON MRW) traded up GBX 2.10 ($0.03) during trading on Wednesday, reaching GBX 215.50 ($2.90). 14,211,178 shares of the company were exchanged, compared to its average volume of 9,250,000. WM Morrison Supermarkets has a twelve month low of GBX 205 ($2.76) and a twelve month high of GBX 254.40 ($3.42).
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About WM Morrison Supermarkets
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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