A statement released earlier today by Barclays Capital about Morrison Wm Supermarkets PLC (LON:MRW) bumps the target price to 190.00GBX
- Updated: September 15, 2016
Stating a possible downside of -0.07%, Barclays Capital raised the estimated target of Morrison Wm Supermarkets PLC (LON:MRW) to 190GBX.
Previously on Wednesday September 14 2016, Morgan Stanley released a statement about Morrison Wm Supermarkets PLC(LON:MRW) raised the target price from 165.00GBX to 170.00GBX that indicated a possible downside of -0.12%.
Yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded 1.39% higher at 205.00GBX. Morrison Wm Supermarkets PLC’s 50-day moving average is 192.66GBX and its 200-day average is 191.80GBX. With the last stock price up 10.01% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. 4,840,239 shares of the stock traded, down from ann avg. trading volume of 12,092,000.
See Graphic Below:
With a market capitalization of 0.0 GBX, Morrison Wm Supermarkets PLC has a one-year low of 138.60GBX and a one-year high of 211.50GBX with a P/E ratio of 22.
A total of 16 equity analysts have issued a report on MRW. One analyst rate the company a strong buy, 0 rate the stock a buy, nine firms rate the company a hold, seven analysts rate the company to underperform, and lastly three brokeragesrate the stock as sell with an average target stock price of 175.94GBX
About Morrison Wm Supermarkets PLC (LON:MRW)
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. Its Morrisons branded beef, lamb, pork, chicken, milk and eggs are sourced in the United Kingdom. The Company serves customers across the United Kingdom through approximately 500 stores and an online home delivery service. It operates from over 10 manufacturing sites across Britain. The Company operates over seven regional distribution centers and a national center servicing its supermarkets. Its subsidiaries include Bos Brothers Fruit and Vegetables B.V., Erith Pier Company Limited, Firsdell Limited, Kiddicare Properties Limited, MHE JV Co Limited, Neerock Farming Limited, Neerock Limited, and Rathbone Kear Limited and Wm Morrison Produce Limited.
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