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Exane BNP Paribas upgraded Wm Morrison Supermarkets (OTCMKTS:MRWSY) from Neutral to Outperform in a report released today.

Exane BNP Paribas has upgraded Wm Morrison Supermarkets(OTCMKTS:MRWSY) from Neutral to Outperform in a report released on 9/16/2016.

Showing a price of $13.74, Wm Morrison Supermarkets (OTCMKTS:MRWSY) traded 0.69% higher on the day. The last close is up 3.94% from the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. Wm Morrison Supermarkets has been tracking to a 50-day average of $12.64 and two hundred day average of $13.31. Trade volume was was down over the average, with 5,597 shares of MRWSY changing hands under the typical 19,422 shares.

Performance Graph:

Wm Morrison Supermarkets (OTCMKTS:MRWSY)

Wm Morrison Supermarkets has a 52 week low of $10.47 and a one-year high of $15.03 with a P/E ratio of 22 and has a market capitalization of $0.0.

In addition to Exane BNP Paribas reporting it’s target price, a total of 1 analysts has issued a ratings update on the company. The average target is $14.66 with 0 rating the stock a strong buy, 0 rating the stock a buy, one analyst rating the stock a hold, 0 rating the company to underperform, and finally 0 firmsrating the stock as sell.

About Wm Morrison Supermarkets (OTCMKTS:MRWSY)

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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