BNP Paribas upgraded shares of WM Morrison Supermarkets PLC (LON:MRW) to a neutral rating in a report published on Friday. They currently have GBX 200 ($2.61) price objective on the grocer’s stock, up from their previous price objective of GBX 165 ($2.15).

Several other equities analysts have also recently commented on the stock. Societe Generale upped their target price on shares of WM Morrison Supermarkets PLC from GBX 150 ($1.96) to GBX 170 ($2.22) and gave the company a sell rating in a research note on Friday, September 16th. HSBC reiterated a reduce rating and set a GBX 135 ($1.76) target price on shares of WM Morrison Supermarkets PLC in a research note on Friday, September 16th. Beaufort Securities reiterated a hold rating on shares of WM Morrison Supermarkets PLC in a research note on Friday, September 16th. Morgan Stanley upped their target price on shares of WM Morrison Supermarkets PLC from GBX 165 ($2.15) to GBX 170 ($2.22) and gave the company an underweight rating in a research note on Wednesday, September 14th. Finally, Barclays PLC reiterated an underweight rating and set a GBX 165 ($2.15) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, September 14th. Seven equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 180.82 ($2.36).

Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 214.90 on Friday. WM Morrison Supermarkets PLC has a 12-month low of GBX 138.60 and a 12-month high of GBX 217.10. The company’s market cap is GBX 5.01 billion. The firm’s 50-day moving average price is GBX 194.93 and its 200 day moving average price is GBX 191.94.

The business also recently disclosed a dividend, which will be paid on Monday, November 7th. Shareholders of record on Thursday, September 29th will be issued a dividend of GBX 1.58 ($0.02) per share. This represents a yield of 0.76%. The ex-dividend date is Thursday, September 29th.

About WM Morrison Supermarkets PLC

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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