BNP Paribas Upgrades WM Morrison Supermarkets PLC (MRWSY) to “Outperform”
BNP Paribas upgraded shares of WM Morrison Supermarkets PLC (OTC:MRWSY) from a neutral rating to an outperform rating in a research report report published on Friday morning, StockTargetPrices.com reports.
MRWSY has been the topic of several other reports. Goldman Sachs Group Inc. lowered shares of WM Morrison Supermarkets PLC from a neutral rating to a sell rating in a report on Wednesday, August 31st. HSBC lowered shares of WM Morrison Supermarkets PLC from a hold rating to a reduce rating in a report on Wednesday, July 6th. Finally, Sanford C. Bernstein upgraded shares of WM Morrison Supermarkets PLC from an underperform rating to a mkt perform rating in a report on Friday, September 16th. Three research analysts have rated the stock with a sell rating and one has assigned a buy rating to the company’s stock. WM Morrison Supermarkets PLC has a consensus rating of Hold.
WM Morrison Supermarkets PLC (OTC:MRWSY) opened at 14.21 on Friday. The firm’s 50-day moving average is $12.85 and its 200-day moving average is $13.28. The firm has a market cap of $6.61 billion and a price-to-earnings ratio of 22.92. WM Morrison Supermarkets PLC has a 52-week low of $10.47 and a 52-week high of $15.03.
About WM Morrison Supermarkets PLC
Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.
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