WM MORRISON SUP/ADR (OTCMKTS:MRWSY) Receives $13.00 Average PT from Analysts

Shares of WM MORRISON SUP/ADR (OTCMKTS:MRWSY) have earned an average recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $13.00.

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of WM MORRISON SUP/ADR in a research report on Tuesday, May 19th. Societe Generale raised shares of WM MORRISON SUP/ADR from a “sell” rating to a “hold” rating in a research report on Friday, April 17th. UBS Group downgraded shares of WM MORRISON SUP/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. Berenberg Bank raised shares of WM MORRISON SUP/ADR from a “hold” rating to a “buy” rating in a research report on Tuesday, April 28th. Finally, Zacks Investment Research raised shares of WM MORRISON SUP/ADR from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Wednesday, July 22nd.

WM MORRISON SUP/ADR stock opened at $12.22 on Thursday. The firm’s 50 day simple moving average is $11.70 and its 200-day simple moving average is $11.60. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.39 and a quick ratio of 0.19. WM MORRISON SUP/ADR has a fifty-two week low of $9.85 and a fifty-two week high of $13.49.

About WM MORRISON SUP/ADR

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 SUP/ADR (OTCMKTS:MRWSY)

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