WM Morrison Supermarkets PLC (LON:MRW) had its target price increased by Morgan Stanley from GBX 165 ($2.15) to GBX 170 ($2.22) in a research report sent to investors on Wednesday. They currently have an underweight rating on the grocer’s stock.

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

Several other equities analysts have also recently commented on the company. BNP Paribas reaffirmed an underperform rating and issued a GBX 165 ($2.15) price target on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 14th. Barclays PLC reaffirmed an underweight rating and issued a GBX 165 ($2.15) price target on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 14th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 200 ($2.61) price target on shares of WM Morrison Supermarkets PLC in a report on Thursday, September 8th. Deutsche Bank AG reiterated a sell rating and issued a GBX 165 ($2.15) price objective on shares of WM Morrison Supermarkets PLC in a research note on Thursday, September 8th. Finally, Jefferies Group reiterated a buy rating and issued a GBX 210 ($2.74) price objective on shares of WM Morrison Supermarkets PLC in a research note on Monday, September 5th. Seven equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. WM Morrison Supermarkets PLC currently has a consensus rating of Hold and a consensus price target of GBX 180.82 ($2.36).

Shares of WM Morrison Supermarkets PLC (LON:MRW) opened at 213.60 on Wednesday. WM Morrison Supermarkets PLC has a 52 week low of GBX 138.60 and a 52 week high of GBX 217.10. The company’s market cap is GBX 4.97 billion. The firm’s 50-day moving average price is GBX 194.38 and its 200 day moving average price is GBX 191.88.

The company also recently disclosed a dividend, which will be paid on Monday, November 7th. Shareholders of record on Thursday, September 29th will be given a GBX 1.58 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 0.76%.

WM Morrison Supermarkets PLC Company Profile

Wm Morrison Supermarkets PLC is a United Kingdom-based supermarket group. The Company is a fresh food manufacturer in the United Kingdom. The Company owns, operates and controls its fresh food supply chain. The Company’s Market Street stores include butchers, fishmongers, bakery, cake shops, greengrocers, delis, oven fresh products, Fresh to Go products, flower shops and cafes.

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