Morrison Wm Supermarkets PLC (LON:MRW) Rating Reaffirmed
The brokerage has just set a TP of GBX 125.00 on Morrison Wm Supermarkets PLC (LON:MRW) shares. This is -14.65% from the current price. In an analyst research report shared with investors on Monday, 7 December, Exane BNP Paribas reaffirmed their Underperform rating on shares of MRW.
From a total of 18 analysts covering Morrison Wm Supermarkets PLC (LON:MRW) stock, 5 rate it a ”Buy”, 9 a “Sell”, and 8 a ”Hold”. This means that 23% of the ratings are positive. The highest target price is GBX 260 while the lowest target price is GBX 130. The mean of all analyst targets is GBX 178.72 with a 20.54% above today’s (GBX 146.98) stock price. Morrison Wm Supermarkets PLC was the topic of 56 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 4 with “Market Perform” rating. BNP Paribas maintained shares with “Underperform” rating and GBX 150 target share price in a report from a November 10. Societe Generale maintained MRW stock in a recent report from November 18 with “Sell” rating. Barclays Capital maintained the rating on November 9. Barclays Capital has a “Underweight” rating and a GBX 155 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 17.
Approximately 631,191 shares of stock traded hands. WM Morrison Supermarkets PLC (LON:MRW) has declined 18.45% since May 8, 2015 and is downtrending. It has underperformed by 17.37% the S&P500.
Wm Morrison Supermarkets PLC is a United Kingdom supermarket group. The company has a market cap of 3.43 billion GBP. The Firm is a fresh food maker in the United Kingdom. It currently has negative earnings. The Firm owns, operates and controls its fresh food supply chain.