Shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) have earned a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.
Brokers have set a 12-month consensus target price of $16.60 for the company, according to Zacks. Zacks has also assigned WM Morrison Supermarkets PLC an industry rank of 205 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of WM Morrison Supermarkets PLC from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Thursday. HSBC Holdings plc restated a “hold” rating on shares of WM Morrison Supermarkets PLC in a research note on Tuesday, August 8th.
Shares of WM Morrison Supermarkets PLC (NASDAQ MRWSY) opened at 16.40 on Monday. The firm has a market cap of $7.63 billion and a PE ratio of 19.64. The company’s 50-day moving average price is $16.10 and its 200-day moving average price is $15.49. WM Morrison Supermarkets PLC has a 52-week low of $12.60 and a 52-week high of $16.59.
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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.
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