WM Morrison Supermarkets PLC (LON:MRW)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research note issued on Thursday.

Other equities research analysts also recently issued research reports about the stock. Morgan Stanley increased their target price on shares of WM Morrison Supermarkets PLC from GBX 170 ($2.24) to GBX 210 ($2.77) and gave the stock an “underweight” rating in a research report on Wednesday, September 20th. HSBC Holdings plc restated a “hold” rating and set a GBX 240 ($3.17) price target on shares of WM Morrison Supermarkets PLC in a report on Friday, September 15th. Deutsche Bank AG restated a “hold” rating and set a GBX 225 ($2.97) price target on shares of WM Morrison Supermarkets PLC in a report on Wednesday, July 26th. Citigroup Inc. restated a “sell” rating and set a GBX 210 ($2.77) price target on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 20th. Finally, Barclays PLC cut their price target on shares of WM Morrison Supermarkets PLC from GBX 220 ($2.90) to GBX 215 ($2.84) and set an “underweight” rating on the stock in a report on Friday, September 15th. Eight analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 227.59 ($3.00).

WM Morrison Supermarkets PLC (MRW) traded down GBX 3.90 ($0.05) during mid-day trading on Thursday, reaching GBX 219 ($2.89). 9,178,835 shares of the company’s stock were exchanged, compared to its average volume of 7,780,000. WM Morrison Supermarkets PLC has a 12 month low of GBX 210.20 ($2.77) and a 12 month high of GBX 254.40 ($3.36).

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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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