Deutsche Bank AG upgraded shares of WM Morrison Supermarkets PLC (LON:MRW) to a hold rating in a research note issued to investors on Monday morning. Deutsche Bank AG currently has GBX 200 ($2.61) price target on the grocer’s stock, up from their prior price target of GBX 165 ($2.15).

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

Several other research firms also recently commented on MRW. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 200 ($2.61) target price on shares of WM Morrison Supermarkets PLC in a research report on Monday. Barclays PLC upped their target price on WM Morrison Supermarkets PLC from GBX 165 ($2.15) to GBX 190 ($2.48) and gave the company a  underweight rating in a research report on Friday, September 16th. HSBC reaffirmed a reduce rating and issued a GBX 135 ($1.76) target price on shares of WM Morrison Supermarkets PLC in a research report on Friday, September 16th. Societe Generale upped their target price on WM Morrison Supermarkets PLC from GBX 150 ($1.96) to GBX 170 ($2.22) and gave the company a sell rating in a research report on Friday, September 16th. Finally, BNP Paribas raised WM Morrison Supermarkets PLC to a neutral rating and upped their target price for the company from GBX 165 ($2.15) to GBX 200 ($2.61) in a research report on Friday, September 16th. 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. The stock 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 217.90 on Monday. The stock has a 50 day moving average price of GBX 196.96 and a 200 day moving average price of GBX 192.18. The firm’s market capitalization is GBX 5.08 billion. WM Morrison Supermarkets PLC has a 1-year low of GBX 138.60 and a 1-year high of GBX 219.90.

The company also recently announced a dividend, which will be paid on Monday, November 7th. Stockholders 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 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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