Wm Morrison Supermarkets PLC (OTCMKTS:MRWSY) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Wm Morrison Supermarkets PLC (OTCMKTS:MRWSY) have been assigned a consensus rating of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company.
A number of research analysts have recently commented on MRWSY shares. BNP Paribas cut Wm Morrison Supermarkets from an “outperform” rating to a “neutral” rating in a research report on Tuesday, February 2nd. Zacks Investment Research cut Wm Morrison Supermarkets from a “buy” rating to a “hold” rating in a research report on Tuesday, April 27th. Berenberg Bank reissued a “buy” rating on shares of Wm Morrison Supermarkets in a report on Friday, March 12th. Exane BNP Paribas cut Wm Morrison Supermarkets from an “outperform” rating to a “neutral” rating in a report on Tuesday, February 2nd. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Wm Morrison Supermarkets in a report on Wednesday, January 6th.
Shares of OTCMKTS MRWSY opened at $12.27 on Friday. Wm Morrison Supermarkets has a one year low of $10.44 and a one year high of $13.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.45 and a quick ratio of 0.21. The business’s fifty day moving average price is $12.60 and its 200-day moving average price is $12.07. The stock has a market capitalization of $5.91 billion, a PE ratio of 14.78, a P/E/G ratio of 10.46 and a beta of 0.64.
Wm Morrison Supermarkets PLC operates retail supermarket stores under the Morrisons brand name in the United Kingdom. The company engages in the in-store and online grocery retailing activities. It also supplies eggs; manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance, leasing, technical testing and analysis, and property partnership services, as well as holds pharmaceutical license.
Read More: Do Tariffs Work?
Receive News & Ratings for Wm Morrison Supermarkets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wm Morrison Supermarkets and related companies with MarketBeat.com's FREE daily email newsletter.