HSBC Holdings plc upgraded shares of WM Morrison Supermarkets PLC (LON:MRW) to a hold rating in a research report report published on Wednesday, August 2nd, Marketbeat Ratings reports. HSBC Holdings plc currently has GBX 240 ($3.13) price objective on the grocer’s stock, up from their previous price objective of GBX 190 ($2.47).

Several other equities research analysts have also recently weighed in on MRW. Macquarie upped their price objective on shares of WM Morrison Supermarkets PLC from GBX 215 ($2.80) to GBX 225 ($2.93) and gave the stock a neutral rating in a research report on Friday, April 7th. UBS AG upped their price objective on shares of WM Morrison Supermarkets PLC from GBX 207 ($2.70) to GBX 240 ($3.13) and gave the stock a neutral rating in a research report on Friday, April 7th. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and set a GBX 190 ($2.47) price objective on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, April 12th. Jefferies Group LLC reaffirmed a hold rating and set a GBX 250 ($3.26) price objective on shares of WM Morrison Supermarkets PLC in a research report on Tuesday, April 25th. Finally, Deutsche Bank AG reissued a hold rating on shares of WM Morrison Supermarkets PLC in a research note on Thursday, April 27th. Seven equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 219 ($2.85).

Shares of WM Morrison Supermarkets PLC (MRW) traded up 0.24% during midday trading on Wednesday, hitting GBX 247.00. 5,243,929 shares of the company were exchanged. The company’s market capitalization is GBX 5.75 billion. WM Morrison Supermarkets PLC has a one year low of GBX 187.40 and a one year high of GBX 251.90. The company has a 50-day moving average of GBX 244.22 and a 200 day moving average of GBX 241.53.

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About WM Morrison Supermarkets PLC

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.

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

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