WM Morrison Supermarkets PLC (MRW) Earns Underperform Rating from BNP Paribas
BNP Paribas reiterated their underperform rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research report report published on Wednesday. BNP Paribas currently has a GBX 165 ($2.20) price objective on the grocer’s stock.
A number of other research firms also recently issued reports on MRW. Shore Capital restated a house stock rating on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, August 17th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 200 ($2.66) price target on shares of WM Morrison Supermarkets PLC in a research note on Thursday, September 8th. Deutsche Bank AG restated a sell rating on shares of WM Morrison Supermarkets PLC in a research note on Friday, June 24th. HSBC restated a reduce rating and set a GBX 135 ($1.80) price target on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, August 10th. Finally, Barclays PLC restated an underweight rating and set a GBX 155 ($2.06) price target on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, June 1st. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 180.82 ($2.41).
Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 216.00 on Wednesday. WM Morrison Supermarkets PLC has a 52 week low of GBX 138.60 and a 52 week high of GBX 216.61. The stock’s market capitalization is GBX 5.03 billion. The company has a 50-day moving average of GBX 193.32 and a 200-day moving average of GBX 191.94.
The company also recently declared a dividend, which will be paid on Monday, November 7th. Stockholders of record on Thursday, September 29th will be given a dividend of GBX 1.58 ($0.02) per share. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, September 29th.
WM Morrison Supermarkets PLC Company Profile
Wm Morrison Supermarkets PLC is a United Kingdom-based supermarket group. The Company is a fresh food manufacturer in the United Kingdom. The Company owns, operates and controls its fresh food supply chain. The Company’s Market Street stores include butchers, fishmongers, bakery, cake shops, greengrocers, delis, oven fresh products, Fresh to Go products, flower shops and cafes.
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