WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank AG in a research note issued on Thursday. They currently have a GBX 260 ($3.50) price objective on the grocer’s stock. Deutsche Bank AG’s price target suggests a potential upside of 11.06% from the company’s previous close.

Several other research firms have also issued reports on MRW. Morgan Stanley upped their price target on shares of WM Morrison Supermarkets PLC from GBX 170 ($2.29) to GBX 210 ($2.82) and gave the company an “underweight” rating in a research report on Wednesday, September 20th. HSBC Holdings plc restated a “hold” rating on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, September 6th. BNP Paribas restated an “outperform” rating and set a GBX 270 ($3.63) price target on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, September 13th. Barclays PLC restated an “underweight” rating and set a GBX 240 ($3.23) price target on shares of WM Morrison Supermarkets PLC in a research report on Monday, June 19th. Finally, Citigroup Inc. restated a “sell” rating and set a GBX 210 ($2.82) price target on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, September 20th. Seven equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 229.31 ($3.08).

WM Morrison Supermarkets PLC (LON MRW) opened at 234.10 on Thursday. WM Morrison Supermarkets PLC has a 12 month low of GBX 210.20 and a 12 month high of GBX 254.40. The company’s 50-day moving average price is GBX 245.43 and its 200 day moving average price is GBX 241.73. The company’s market capitalization is GBX 5.45 billion.

TRADEMARK VIOLATION WARNING: “WM Morrison Supermarkets PLC (MRW) Rating Reiterated by Deutsche Bank AG” was first published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/09/30/wm-morrison-supermarkets-plc-mrw-rating-reiterated-by-deutsche-bank-ag.html.

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.

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

Receive News & Ratings for WM Morrison Supermarkets PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WM Morrison Supermarkets PLC and related companies with MarketBeat.com's FREE daily email newsletter.