Exane BNP Paribas disclosed Morrison Wm Supermarkets PLC (LON:MRW), supporting its stock price target at 200.00GBX earlier today
- Updated: September 19, 2016
In a statement issued on 9/20/2016 Exane BNP Paribas held steady the target price of Morrison Wm Supermarkets PLC (LON:MRW) at 200GBX indicating a possible downside of -0.07%.
On 9/19/2016, Deutsche Bank released a statement about Morrison Wm Supermarkets PLC(LON:MRW) bumped the target price from 165.00GBX to 200.00GBX. At the time, this suggested a downside of -0.07%.
Only yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded 1.84% higher at 215.80GBX. The company’s 50-day average is 193.32GBX and its two hundred day average is 191.94GBX. With the last stock close up 12.27% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. Trading volume was down over the average, with 4,353,772 shares of MRW changing hands under the typical 12,434,100 shares..
Morrison Wm Supermarkets PLC has a P/E of 23 with a 52 week low of 138.60GBX and a one-year high of 216.06GBX and has a market cap of 0.0 GBX.
In addition to Exane BNP Paribas reporting it’s stock price target, a total of 16 brokers have issued a report on the company. The average target stock price is 175.94GBX with one firm rating the stock a strong buy, 0 rating the stock a buy, nine analyts rating the stock a hold, seven analysts rating the stock to underperform, and finally three analystsrating the stock as sell.
Brief Synopsis On 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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