WM Morrison Supermarkets (LON:MRW) Stock Rating Reaffirmed by Deutsche Bank
WM Morrison Supermarkets (LON:MRW)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued research reports about the company. UBS Group set a $133.00 target price on LHC Group and gave the stock a “buy” rating in a report on Friday, May 10th. Shore Capital reissued a “house stock” rating on shares of WM Morrison Supermarkets in a report on Wednesday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 265 ($3.46) target price on shares of WM Morrison Supermarkets in a report on Monday, April 29th. Barclays reissued an “overweight” rating and issued a GBX 3,400 ($44.43) target price on shares of in a report on Friday, July 5th. Finally, Citigroup lifted their target price on Mongodb from $94.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 248.18 ($3.24).
MRW stock opened at GBX 205.70 ($2.69) on Friday. WM Morrison Supermarkets has a twelve month low of GBX 192.15 ($2.51) and a twelve month high of GBX 270.50 ($3.53). The company has a current ratio of 0.42, a quick ratio of 0.14 and a debt-to-equity ratio of 27.96. The company has a market cap of $4.92 billion and a price-to-earnings ratio of 20.37. The company’s 50 day moving average is GBX 200.29.
About WM Morrison Supermarkets
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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