Morrison Wm Supermarkets PLC (LON:MRW) “Neutral” Rating Reaffirmed by Analysts at Exane BNP Paribas; With GBX 200.00 Target

Morrison Wm Supermarkets PLC (LON:MRW) Rating

The company have set price target of GBX 200.00 on Morrison Wm Supermarkets PLC (LON:MRW) shares. This is -8.61% from the last close price. In analysts report published on Thursday, 29 September, Exane BNP Paribas maintained their “Neutral” rating on shares of MRW.

Out of 20 analysts covering WM Morrison Supermarkets (LON:MRW), 5 rate it a “Buy”, 6 “Sell”, while 9 “Hold”. This means 25% are positive. GBX 260 is the highest target while GBX 125 is the lowest. The GBX 186.89 average target is -14.39% below today’s (GBX 218.3) stock price. WM Morrison Supermarkets has been the topic of 128 analyst reports since October 6, 2015 according to StockzIntelligence Inc. BNP Paribas maintained the stock on September 29 with “Neutral” rating. HSBC maintained it with “Reduce” rating and GBX 135 target price in a September 16 report. Deutsche Bank maintained the shares of MRW in a report on September 21 with “Hold” rating. Societe Generale maintained the firm’s rating on September 16. Societe Generale has “Sell” rating and GBX 170 price target. Lastly, UBS maintained the stock with “Neutral” rating in a September 16 report.

About 1.74M shares traded hands. WM Morrison Supermarkets PLC (LON:MRW) has risen 8.32% since March 1, 2016 and is uptrending. It has underperformed by 2.93% the S&P500.

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The company has a market cap of 5.10 billion GBP. The Firm offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has a 22.78 P/E ratio. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

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