WM Morrison Supermarkets (LON:MRW) Stock Rating Reaffirmed by Deutsche Bank

WM Morrison Supermarkets (LON:MRW)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the company. UBS Group set a $133.00 target price on LHC Group and gave the stock a “buy” rating in a report on Friday, May 10th. Shore Capital reissued a “house stock” rating on shares of WM Morrison Supermarkets in a report on Wednesday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 265 ($3.46) target price on shares of WM Morrison Supermarkets in a report on Monday, April 29th. Barclays reissued an “overweight” rating and issued a GBX 3,400 ($44.43) target price on shares of in a report on Friday, July 5th. Finally, Citigroup lifted their target price on Mongodb from $94.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 248.18 ($3.24).

MRW stock opened at GBX 205.70 ($2.69) on Friday. WM Morrison Supermarkets has a twelve month low of GBX 192.15 ($2.51) and a twelve month high of GBX 270.50 ($3.53). The company has a current ratio of 0.42, a quick ratio of 0.14 and a debt-to-equity ratio of 27.96. The company has a market cap of $4.92 billion and a price-to-earnings ratio of 20.37. The company’s 50 day moving average is GBX 200.29.

In other news, insider Trevor Strain sold 200,000 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of GBX 213 ($2.78), for a total value of £426,000 ($556,644.45).

About WM Morrison Supermarkets

Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.

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Analyst Recommendations for WM Morrison Supermarkets (LON:MRW)

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