WM Morrison Supermarkets PLC (LON:MRW) had its target price lifted by Morgan Stanley from GBX 165 ($2.15) to GBX 170 ($2.22) in a research note published on Wednesday morning. Morgan Stanley currently has an underweight rating on the grocer’s stock.

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

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

WM Morrison Supermarkets PLC (LON:MRW) opened at 213.60 on Wednesday. WM Morrison Supermarkets PLC has a 12 month low of GBX 138.60 and a 12 month high of GBX 217.10. The company’s market capitalization is GBX 4.97 billion. The firm has a 50-day moving average price of GBX 194.38 and a 200-day moving average price of GBX 191.88.

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

About WM Morrison Supermarkets PLC

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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