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Morrison Wm Supermarkets PLC (LON:MRW) target price held steady at 240.00GBX, issued a report today by Barclays Capital

Yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded -0.72% lower at 244.85GBX. The company’s 50-day moving average is 245.43GBX and its 200-day moving average is 241.73GBX. The last closing price is up -3.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 10,526,085 shares of the stock traded hands, up from an average trading volume of 7,754,240

Morrison Wm Supermarkets PLC (LON:MRW) had its price target hold steady to 240.00GBX by Barclays Capital in a report released Monday June 19, 2017. The new target price indicates a possible downside of -0.02% from the company's last closing price.

Previously on 6/7/2017, Deutsche Bank reported on Morrison Wm Supermarkets PLC (LON:MRW) held steady the target price at 225.00GBX. At the time, this indicated a possible downside of -0.09%.

See Chart Below

Morrison Wm Supermarkets PLC (LON:MRW)

Morrison Wm Supermarkets PLC has a 52 week low of 210.20GBX and a 52 week high of 254.40GBX with a P/E ratio of 18.02 The company’s market cap is currently 0 GBX.

In addition to Barclays Capital reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is 175.94GBX with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 9 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 3 firms rating the stock a sell.

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, Rathbone Kear Limited and Wm Morrison Produce Limited.

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