WM Morrison Supermarkets Rating Reiterated by Barclays Capital (MRW)
WM Morrison Supermarkets (LON: MRW)‘s stock had its “underweight” rating reiterated by equities research analysts at Barclays Capital in a research note issued to investors on Monday. They currently have a $3.63 (240 GBX) price target on the stock.
A number of other analysts have also recently weighed in on MRW. Analysts at JPMorgan Chase initiated coverage on shares of WM Morrison Supermarkets in a research note to investors on Wednesday, February 20th. They set an “underweight” rating and a $3.79 price target on the stock. Separately, analysts at BNP Paribas raised their price target on shares of WM Morrison Supermarkets from $3.60 to $3.91 in a research note to investors on Monday, February 11th. They now have an “underperform” rating on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of WM Morrison Supermarkets in a research note to investors on Thursday, February 7th. They now have a $4.26 price target on the stock.
Shares of WM Morrison Supermarkets traded up 0.23% during mid-day trading on Monday, hitting GBX 262.70. WM Morrison Supermarkets has a 52 week low of GBX 247.50 and a 52 week high of GBX 320.289. The stock’s 50-day moving average is currently GBX 286.0. The company’s market cap is £6.502 billion.
Wm Morrison Supermarkets PLC is a food retailer. As of January 29, 2012, the Company had 475 stores across Britain, ranging in size from 3,000 to over 40,000 square feet.
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