Morrison Wm Supermarkets PLC (LON:MRW) has been retained to Hold in a statement by Beaufort Securities earlier today.
- Updated: September 15, 2016
Beaufort Securities has retained Morrison Wm Supermarkets PLC(LON:MRW) to Hold in a report released on 9/16/2016.
On 9/14/2016, Morgan Stanley reported about Morrison Wm Supermarkets PLC(LON:MRW) upped the target price from 165.00GBX to 170.00GBX. At the time, this suggested a downside of -0.12%.
Only yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded 1.39% higher at 211.15GBX. Morrison Wm Supermarkets PLC’s 50-day average is 192.66GBX and its two hundred day moving average is 191.80GBX. With the last stock close up 10.01% relative to the 200-day average, compared to the S&P 500 which has fallen -0.01% over the date range. 4,840,239 shares of MRW were exchanged, down from ann average trading volume of 12,092,000.
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With a market capitalization of 0.0 GBX, Morrison Wm Supermarkets PLC has a 52 week low of 138.60GBX and a one-year high of 211.50GBX with a PE ratio of 22.
A total of 16 analysts have reported on the company. One firm rate the stock a strong buy, 0 rate the company a buy, nine analyts rate the stock a hold, seven brokerages rate the company to underperform, and finally three analystsrate the company as sell with a consensus target price of 175.94GBX
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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