Deutsche Bank AG upgraded shares of WM Morrison Supermarkets PLC (LON:MRW) to a hold rating in a research report released on Monday. Deutsche Bank AG currently has GBX 200 ($2.61) price target on the grocer’s stock, up from their prior price target of GBX 165 ($2.15).

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

Several other analysts have also weighed in on the company. HSBC reissued a hold rating and issued a GBX 190 ($2.48) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, June 1st. Barclays PLC reissued an underweight rating and issued a GBX 155 ($2.02) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, June 1st. BNP Paribas reissued an underperform rating and issued a GBX 125 ($1.63) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, June 1st. Jefferies Group reissued a buy rating and issued a GBX 210 ($2.74) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, June 1st. Finally, Societe Generale reissued a sell rating and issued a GBX 150 ($1.96) price objective on shares of WM Morrison Supermarkets PLC in a report on Friday, June 17th. Seven equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 180.82 ($2.36).

Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 214.00 on Monday. The firm’s market capitalization is GBX 4.98 billion. WM Morrison Supermarkets PLC has a 52-week low of GBX 138.60 and a 52-week high of GBX 217.10. The firm’s 50-day moving average price is GBX 194.38 and its 200-day moving average price is GBX 191.88.

The company also recently announced a dividend, which will be paid on Monday, November 7th. Shareholders of record on Thursday, September 29th will be paid a dividend of GBX 1.58 ($0.02) per share. This represents a 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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