WM Morrison Supermarkets PLC (LON:MRW)’s share price shot up 0.2% on Tuesday . The stock traded as high as GBX 235.60 ($3.17) and last traded at GBX 234.40 ($3.15). 6,305,507 shares were traded during trading, a decline of 19% from the average session volume of 7,754,240 shares. The stock had previously closed at GBX 234 ($3.15).

Several research firms have recently weighed in on MRW. Deutsche Bank AG reissued a “hold” rating and set a GBX 260 ($3.50) price target on shares of WM Morrison Supermarkets PLC in a report on Thursday. HSBC Holdings plc reissued a “hold” rating and set a GBX 240 ($3.23) price target on shares of WM Morrison Supermarkets PLC in a report on Friday, September 15th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 260 ($3.50) price target on shares of WM Morrison Supermarkets PLC in a report on Friday, September 15th. Barclays PLC lowered their price target on WM Morrison Supermarkets PLC from GBX 220 ($2.96) to GBX 215 ($2.89) and set an “underweight” rating on the stock in a report on Friday, September 15th. Finally, Credit Suisse Group reissued a “neutral” rating and set a GBX 240 ($3.23) price target on shares of WM Morrison Supermarkets PLC in a report on Tuesday, August 29th. Seven equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 229.31 ($3.08).

The firm’s market capitalization is GBX 5.43 billion. The stock has a 50 day moving average price of GBX 245.43 and a 200 day moving average price of GBX 241.73.

The company also recently disclosed a dividend, which will be paid on Monday, November 6th. Shareholders of record on Thursday, September 28th will be given a GBX 1.66 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a dividend yield of 0.72%.

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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.

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