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Exane BNP Paribas announced Morrison Wm Supermarkets PLC (LON:MRW), boosting its stock price target to 200.00GBX today

Morrison Wm Supermarkets PLC (LON:MRW) had its estimated target price increased to 200GBX by Exane BNP Paribas in a report released 9/16/2016. The updated target price indicates a potential downside of -0.05% based on the bussiness’ most recent stock close price.

On 9/14/2016, Morgan Stanley released a statement for Morrison Wm Supermarkets PLC(LON:MRW) upped the target price from 165.00GBX to 170.00GBX that suggested a downside of -0.12%.

Only yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded 1.39% higher at 210.95GBX. The company’s 50-day average is 192.66GBX and its two hundred day average is 191.80GBX. The last stock price is up 10.01% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. 4,840,239 shares of Morrison Wm Supermarkets PLC traded hands, down from ann avg. volume of 12,092,000.

Performance Graphic:

Morrison Wm Supermarkets PLC (LON:MRW)

Morrison Wm Supermarkets PLC has a one-year low of 138.60GBX and a one-year high of 211.50GBX with a price-earnings ratio of 22 and has a market cap of 0.0 GBX.

A total of 16 brokers have released a research note on MRW. One firm rate the stock a strong buy, 0 rate the company a buy, nine analyts rate the company a hold, seven brokerages rate the company to underperform, and lastly three firmsrate the stock as sell with an average target stock price of 175.94GBX

General Information 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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