Wm Morrison Supermarkets PLC (OTCMKTS:MRWSY) Receives Consensus Recommendation of “Hold” from Analysts


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Shares of Wm Morrison Supermarkets PLC (OTCMKTS:MRWSY) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $14.00.

Several research analysts recently weighed in on MRWSY shares. Zacks Investment Research raised Wm Morrison Supermarkets from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Friday. BNP Paribas cut Wm Morrison Supermarkets from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 2nd. Berenberg Bank reaffirmed a “buy” rating on shares of Wm Morrison Supermarkets in a research note on Friday, March 12th. Exane BNP Paribas cut Wm Morrison Supermarkets from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 2nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Wm Morrison Supermarkets in a research note on Wednesday, January 6th.

MRWSY stock traded down $0.06 during trading hours on Tuesday, hitting $12.81. 28,019 shares of the stock traded hands, compared to its average volume of 32,196. The stock has a 50-day simple moving average of $12.41 and a 200 day simple moving average of $11.91. Wm Morrison Supermarkets has a one year low of $10.44 and a one year high of $13.39. The company has a market cap of $6.17 billion, a P/E ratio of 15.43, a P/E/G ratio of 10.46 and a beta of 0.64. The company has a current ratio of 0.45, a quick ratio of 0.21 and a debt-to-equity ratio of 0.35.

Wm Morrison Supermarkets Company Profile

Wm Morrison Supermarkets PLC operates retail supermarket stores under the Morrisons brand name in the United Kingdom. The company engages in the in-store and online grocery retailing activities. It also supplies eggs; manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance, leasing, technical testing and analysis, and property partnership services, as well as holds pharmaceutical license.

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Analyst Recommendations for Wm Morrison Supermarkets (OTCMKTS:MRWSY)

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