Morrison Wm Supermarkets PLC (LON:MRW) Rating Reaffirmed
Morrison Wm Supermarkets PLC (LON:MRW) shares have had their Buy Rating reiterated by professional analysts at Jefferies International in a very recent research note distributed on Friday, 11 December.
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 125. The mean of all analyst targets is GBX 177.33 with a 24.19% above today’s (GBX 141.54) stock price. Morrison Wm Supermarkets PLC was the topic of 58 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on December 9 to “Hold” rating. Deutsche Bank maintained shares with “Sell” rating and GBX 155 target share price in a report from a November 18. Bernstein maintained MRW stock in a recent report from December 4 with “Market Perform” rating. Citigroup maintained the rating on November 17. Citigroup has a “Buy” rating and a GBX 145 price target on shares. Finally, Societe Generale maintained the stock with “Sell” rating in a report issued on a November 18.
The stock increased 0.45% or GBX 0.64 on December 10, striking GBX 141.54. Approximately shares of stock traded hands. WM Morrison Supermarkets PLC (LON:MRW) has declined 21.37% since May 14, 2015 and is downtrending. It has underperformed by 19.44% the S&P500.
Wm Morrison Supermarkets PLC is a United Kingdom supermarket group. The company has a market cap of 3.34 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.