WM Morrison Supermarkets PLC (MRW) Receives “Hold” Rating from Beaufort Securities
Several other equities analysts have also recently issued reports on the company. Shore Capital reissued a house stock rating on shares of WM Morrison Supermarkets PLC in a report on Wednesday, August 17th. Deutsche Bank AG reissued a sell rating and issued a GBX 165 ($2.20) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, August 24th. Societe Generale reissued a sell rating on shares of WM Morrison Supermarkets PLC in a report on Tuesday, June 28th. Morgan Stanley boosted their price objective on WM Morrison Supermarkets PLC from GBX 165 ($2.20) to GBX 170 ($2.26) and gave the company an underweight rating in a report on Wednesday, September 14th. Finally, HSBC reaffirmed a reduce rating and issued a GBX 135 ($1.80) price target on shares of WM Morrison Supermarkets PLC in a report on Wednesday, August 10th. Seven equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 180.82 ($2.41).
Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 216.45 on Friday. WM Morrison Supermarkets PLC has a 1-year low of GBX 138.60 and a 1-year high of GBX 216.61. The stock has a 50 day moving average price of GBX 193.32 and a 200 day moving average price of GBX 191.94. The company’s market capitalization is GBX 5.04 billion.
The business also recently disclosed a dividend, which will be paid on Monday, November 7th. Stockholders of record on Thursday, September 29th will be paid a GBX 1.58 ($0.02) dividend. 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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