BNP Paribas reaffirmed their neutral rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research note released on Friday. They currently have a GBX 235 ($2.90) price target on the grocer’s stock.

MRW has been the topic of a number of other research reports. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 260 ($3.21) target price on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, March 8th. Deutsche Bank AG reiterated a hold rating on shares of WM Morrison Supermarkets PLC in a research report on Monday, March 6th. Barclays PLC reiterated an underweight rating and set a GBX 205 ($2.53) target price on shares of WM Morrison Supermarkets PLC in a research report on Thursday, February 16th. Credit Suisse Group AG reiterated a neutral rating and set a GBX 200 ($2.47) target price on shares of WM Morrison Supermarkets PLC in a research report on Thursday, January 5th. Finally, Jefferies Group LLC reiterated a hold rating and set a GBX 250 ($3.09) target price on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, February 22nd. Ten equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. WM Morrison Supermarkets PLC presently has a consensus rating of Sell and a consensus target price of GBX 196.50 ($2.43).

Analyst Recommendations for WM Morrison Supermarkets PLC (LON:MRW)

Shares of WM Morrison Supermarkets PLC (LON:MRW) traded down 0.38% during midday trading on Friday, reaching GBX 237.50. 8,887,012 shares of the company traded hands. WM Morrison Supermarkets PLC has a 1-year low of GBX 168.50 and a 1-year high of GBX 250.00. The stock has a 50 day moving average price of GBX 242.47 and a 200 day moving average price of GBX 226.71. The firm’s market capitalization is GBX 5.52 billion.

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The firm also recently disclosed a dividend, which will be paid on Thursday, June 29th. Investors of record on Thursday, May 25th will be given a dividend of GBX 3.85 ($0.05) per share. This represents a dividend yield of 1.67%. This is an increase from WM Morrison Supermarkets PLC’s previous dividend of $1.58. The ex-dividend date of this dividend is Thursday, May 25th.

In other WM Morrison Supermarkets PLC news, insider Neil Davidson acquired 12,800 shares of the business’s stock in a transaction that occurred on Monday, March 13th. The stock was purchased at an average cost of GBX 235 ($2.90) per share, with a total value of £30,080 ($37,149.56). Also, insider Paula Vennells acquired 12,745 shares of the business’s stock in a transaction that occurred on Friday, March 10th. The shares were acquired at an average cost of GBX 234 ($2.89) per share, with a total value of £29,823.30 ($36,832.53).

WM Morrison Supermarkets PLC Company Profile

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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