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 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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