WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “neutral” rating reiterated by J P Morgan Chase & Co in a research report issued on Friday. They presently have a GBX 260 ($3.36) target price on the grocer’s stock. J P Morgan Chase & Co’s price target points to a potential upside of 12.46% from the stock’s previous close.

Several other research analysts have also issued reports on the stock. Societe Generale restated a “sell” rating and issued a GBX 170 ($2.20) price target on shares of WM Morrison Supermarkets PLC in a research report on Friday. HSBC Holdings plc restated a “hold” rating and issued a GBX 240 ($3.10) price target on shares of WM Morrison Supermarkets PLC in a research report on Friday. Barclays PLC decreased their price target on shares of WM Morrison Supermarkets PLC from GBX 220 ($2.84) to GBX 215 ($2.78) and set an “underweight” rating on the stock in a research report on Friday. BNP Paribas restated an “outperform” rating and issued a GBX 270 ($3.49) price target on shares of WM Morrison Supermarkets PLC in a research report on Wednesday. Finally, Credit Suisse Group restated a “neutral” rating and issued a GBX 240 ($3.10) price target on shares of WM Morrison Supermarkets PLC in a research report on Tuesday, August 29th. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. WM Morrison Supermarkets PLC presently has an average rating of “Hold” and a consensus price target of GBX 225.27 ($2.91).

Shares of WM Morrison Supermarkets PLC (MRW) opened at 231.20 on Friday. WM Morrison Supermarkets PLC has a 1-year low of GBX 203.55 and a 1-year high of GBX 254.40. The stock’s market cap is GBX 5.38 billion. The company has a 50-day moving average price of GBX 245.92 and a 200-day moving average price of GBX 241.90.

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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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