WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “neutral” rating reaffirmed by research analysts at BNP Paribas in a research report issued on Monday. They presently have a GBX 200 ($2.44) price target on the grocer’s stock. BNP Paribas’ price objective would suggest a potential downside of 10.19% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Barclays PLC upped their target price on shares of WM Morrison Supermarkets PLC from GBX 165 ($2.01) to GBX 190 ($2.32) and gave the stock a ” underweight” rating in a research note on Friday, September 16th. Jefferies Group restated a “buy” rating and issued a GBX 210 ($2.56) target price on shares of WM Morrison Supermarkets PLC in a research note on Monday, September 5th. HSBC restated a “hold” rating and issued a GBX 165 ($2.01) target price on shares of WM Morrison Supermarkets PLC in a research note on Thursday, June 30th. Beaufort Securities restated a “hold” rating on shares of WM Morrison Supermarkets PLC in a research note on Friday, September 16th. Finally, Deutsche Bank AG upgraded shares of WM Morrison Supermarkets PLC to a “hold” rating and upped their target price for the stock from GBX 165 ($2.01) to GBX 200 ($2.44) in a research note on Monday, September 19th. Seven research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 182 ($2.22).

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

WM Morrison Supermarkets PLC (LON:MRW) opened at 222.50 on Monday. The company has a 50-day moving average of GBX 210.51 and a 200-day moving average of GBX 194.52. WM Morrison Supermarkets PLC has a one year low of GBX 138.60 and a one year high of GBX 227.10. The stock’s market capitalization is GBX 5.19 billion.

The firm 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. The ex-dividend date is Thursday, September 29th. This represents a dividend yield of 0.76%.

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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