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Morrison Wm Supermarkets PLC (LON:MRW) target price held steady at 260.00GBX, reported today by Deutsche Bank

Morrison Wm Supermarkets PLC (LON:MRW) had its target price hold steady to 260.00GBX by Deutsche Bank in a report issued 11/15/2017. The updated stock price target implies a possible upside of 0.22% based on the company's previous stock price.

Previously on 11/03/2017, Beaufort Securities released a statement about Morrison Wm Supermarkets PLC (LON:MRW) reduced the target price from 260.00GBX to 250.00GBX. At the time, this indicated a possible upside of 0.11%.

Just yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded -0.52% lower at 213.05GBX. Morrison Wm Supermarkets PLC’s 50-day moving average is 236.60GBX and its 200-day moving average is 241.21GBX. The last stock price is down -4.98% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 66,372 shares of MRW traded hands, down from an average trading volume of 9,874,380

Recent Performance Chart

Morrison Wm Supermarkets PLC (LON:MRW)

Morrison Wm Supermarkets PLC has 52 week low of 210.20GBX and a 52 week high of 254.40GBX with a PE ratio of 15.18 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 175.94GBX with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 7 brokerages rating the stock a underperform, and finally 3 brokerages rating the stock a 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, Rathbone Kear Limited and Wm Morrison Produce Limited.

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