Wm Morrison Supermarkets PLC (ADR) (OTC:MRWSY) has been upgraded from Underperform to Mkt Perform in a statement by Bernstein earlier today.
- Updated: September 16, 2016
Just yesterday Wm Morrison Supermarkets PLC (ADR) (OTC:MRWSY) traded 0.69% higher at $13.78. MRWSY’s 50-day average is $12.64 and its 200-day average is $13.31. With the last stock price up 3.94% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Trade volume was was down over the average, with 5,597 shares of MRWSY changing hands under the typical 19,422 shares..
Bernstein has upgraded Wm Morrison Supermarkets PLC (ADR)(OTC:MRWSY) from Underperform to Mkt Perform in a report released 9/16/2016.
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Also covering Wm Morrison Supermarkets PLC (ADR)’s price target, a total of 1 firm has issued a research note on the company. The 12-month target price is $14.66 with 0 rating the company a strong buy, 0 rating the stock a buy, one firm rating the stock a hold, 0 rating the company to underperform, and lastly 0 brokerages rating the company as sell.
Wm Morrison Supermarkets PLC (ADR) has a one-year low of $10.47 and a 52 week high of $15.03 with a price-earnings ratio of 22 and has a market capitalization of $0.0.
Brief Synopsis About Wm Morrison Supermarkets PLC (ADR) (OTC: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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