WM Morrison Supermarkets PLC (LON:MRW) had its target price hoisted by Deutsche Bank AG from GBX 225 ($2.91) to GBX 235 ($3.04) in a report issued on Tuesday morning, MarketBeat Ratings reports. Deutsche Bank AG currently has a hold rating on the grocer’s stock.

Other equities research analysts also recently issued research reports about the stock. HSBC Holdings plc reissued a reduce rating and set a GBX 190 ($2.46) price objective on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, July 26th. J P Morgan Chase & Co reissued a neutral rating and set a GBX 260 ($3.36) price objective on shares of WM Morrison Supermarkets PLC in a research report on Friday, May 5th. Barclays PLC reissued an underweight rating and set a GBX 240 ($3.10) price objective on shares of WM Morrison Supermarkets PLC in a research report on Monday, June 19th. Beaufort Securities reissued a buy rating and set a GBX 260 ($3.36) price objective on shares of WM Morrison Supermarkets PLC in a research report on Friday, May 5th. Finally, Shore Capital reissued a house stock rating on shares of WM Morrison Supermarkets PLC in a research report on Thursday, May 4th. Seven analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 218.38 ($2.82).

WM Morrison Supermarkets PLC (MRW) opened at 245.40 on Tuesday. WM Morrison Supermarkets PLC has a 12-month low of GBX 188.60 and a 12-month high of GBX 254.40. The company’s market capitalization is GBX 5.71 billion. The stock has a 50 day moving average price of GBX 246.80 and a 200-day moving average price of GBX 242.27.

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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.

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

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