WM Morrison Supermarkets PLC (MRW) Trading 0% Higher
Shares of WM Morrison Supermarkets PLC (LON:MRW) traded up 0% during trading on Wednesday . The company traded as high as GBX 214.20 ($2.82) and last traded at GBX 217.30 ($2.86). 8,061,306 shares were traded during trading, an increase of 2% from the average session volume of 7,940,000 shares. The stock had previously closed at GBX 217.30 ($2.86).
Several equities analysts have recently issued reports on the company. Beaufort Securities decreased their price objective on WM Morrison Supermarkets PLC from GBX 260 ($3.42) to GBX 250 ($3.29) and set a “buy” rating for the company in a report on Friday, November 3rd. Shore Capital reissued a “house stock” rating on shares of WM Morrison Supermarkets PLC in a report on Thursday, November 2nd. HSBC Holdings plc reissued a “hold” rating and issued a GBX 240 ($3.16) price objective on shares of WM Morrison Supermarkets PLC in a report on Friday, November 3rd. Deutsche Bank AG reissued a “hold” rating and issued a GBX 260 ($3.42) price objective on shares of WM Morrison Supermarkets PLC in a report on Thursday, September 28th. Finally, Societe Generale reissued a “sell” rating and issued a GBX 170 ($2.24) price objective on shares of WM Morrison Supermarkets PLC in a report on Friday, September 15th. Eight analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 227.59 ($2.99).
The company also recently disclosed a dividend, which was paid on Monday, November 6th. Shareholders of record on Thursday, September 28th were paid a dividend of GBX 1.66 ($0.02) per share. The ex-dividend date was Thursday, September 28th. This represents a yield of 0.72%.
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.
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