J P Morgan Chase & Co reaffirmed their neutral rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research report sent to investors on Friday morning. J P Morgan Chase & Co currently has a GBX 260 ($3.36) target price on the grocer’s stock.

MRW has been the subject of a number of other research reports. HSBC Holdings plc reiterated a hold rating and issued a GBX 240 ($3.10) price target on shares of WM Morrison Supermarkets PLC in a research note on Friday. Deutsche Bank AG reiterated a hold rating and issued a GBX 225 ($2.91) price target on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, June 7th. Barclays PLC cut their price target on shares of WM Morrison Supermarkets PLC from GBX 220 ($2.84) to GBX 215 ($2.78) and set an underweight rating for the company in a research note on Friday. Credit Suisse Group reiterated a neutral rating and issued a GBX 240 ($3.10) price target on shares of WM Morrison Supermarkets PLC in a research note on Tuesday, August 29th. Finally, Societe Generale reiterated a sell rating and issued a GBX 170 ($2.20) price target on shares of WM Morrison Supermarkets PLC in a research note on Friday. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. WM Morrison Supermarkets PLC currently has a consensus rating of Hold and an average target price of GBX 225.27 ($2.91).

Shares of WM Morrison Supermarkets PLC (LON:MRW) traded down 0.52% on Friday, reaching GBX 231.20. 18,764,119 shares of the company traded hands. The stock has a 50 day moving average of GBX 245.92 and a 200 day moving average of GBX 241.90. The stock’s market cap is GBX 5.38 billion. WM Morrison Supermarkets PLC has a 52-week low of GBX 203.55 and a 52-week high of GBX 254.40.

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WM Morrison Supermarkets PLC Company Profile

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.

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

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