WM MORRISON SUP/ADR (MRWSY) Receives $17.00 Consensus Target Price from Analysts
Shares of WM MORRISON SUP/ADR (OTCMKTS:MRWSY) have been given a consensus rating of “Buy” by the six ratings firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $17.00.
Several equities analysts have recently commented on the company. Morgan Stanley assumed coverage on WM MORRISON SUP/ADR in a research report on Thursday, February 7th. They issued an “equal weight” rating on the stock. Berenberg Bank raised WM MORRISON SUP/ADR from a “hold” rating to a “buy” rating in a research report on Tuesday, February 5th. Citigroup raised WM MORRISON SUP/ADR from a “sell” rating to a “neutral” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research raised WM MORRISON SUP/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, March 7th.
OTCMKTS MRWSY traded up $0.08 during trading on Friday, reaching $13.56. 9,998 shares of the company’s stock were exchanged, compared to its average volume of 31,479. The company has a market cap of $6.38 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 2.14 and a beta of 0.76. The company has a quick ratio of 0.19, a current ratio of 0.41 and a debt-to-equity ratio of 0.24. WM MORRISON SUP/ADR has a fifty-two week low of $13.22 and a fifty-two week high of $17.47.
WM MORRISON SUP/ADR Company Profile
Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.
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