Morrison Wm Supermarkets PLC (LON:MRW) Rating Reaffirmed
London: In recent note revealed to clients and investors on Friday morning, Barclays Capital has decided to reaffirm their Underweight rating on Morrison Wm Supermarkets PLC (LON:MRW) shares. They now have a GBX 155.00 target on the firm. Barclays Capital’s target would suggest a potential upside of 4.25% from the company’s last stock close.
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 18.23% above today’s (GBX 148.68) stock price. Morrison Wm Supermarkets PLC was the topic of 60 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on December 16 with “Hold” rating. Societe Generale maintained shares with “Sell” rating and GBX 150 target share price in a report from a November 18. BNP Paribas maintained MRW stock in a recent report from December 7 with “Underperform” rating. Deutsche Bank maintained the rating on November 18. Deutsche Bank has a “Sell” rating and a GBX 155 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 18.
The stock increased 1.00% or GBX 1.48 on December 17, striking GBX 148.68. Approximately 11.16 million shares of stock traded hands or 15.77% up from the average. WM Morrison Supermarkets PLC (LON:MRW) has declined 17.75% since May 21, 2015 and is downtrending. It has underperformed by 15.48% the S&P500.
Wm Morrison Supermarkets PLC is a United Kingdom supermarket group. The company has a market cap of 3.47 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.