Morrison Wm Supermarkets PLC (LON:MRW) “Underweight” Rating Kept Today By Barclays Capital; The Target Price Given is GBX 225.00

September 14, 2018 - By Rachel Eickhoff

Wm Morrison Supermarkets PLC (LON:MRW) Logo

Morrison Wm Supermarkets PLC (LON:MRW) Rating Reaffirmed

In analysts report revealed to investors on Friday, 14 September, The “Underweight” rating of Morrison Wm Supermarkets PLC (LON:MRW) shares was reiterated by Barclays Capital, who now has a GBX 225.00 TP on the stock. Barclays Capital’s TP indicates a possible downside of -13.16 % from the last stock price of the company.

Wm Morrison Supermarkets PLC (LON:MRW) Ratings Coverage

Among 10 analysts covering Morrison Wm Supermarkets PLC (LON:MRW), 4 have Buy rating, 3 Sell and 3 Hold. Therefore 40% are positive. Morrison Wm Supermarkets PLC has GBX 300 highest and GBX 200 lowest target. GBX 255.56’s average target is -0.62% below currents GBX 257.15 stock price. Morrison Wm Supermarkets PLC had 19 analyst reports since March 15, 2018 according to SRatingsIntel. JP Morgan maintained it with “Neutral” rating and GBX 240 target in Friday, August 31 report. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, August 28. HSBC upgraded Wm Morrison Supermarkets PLC (LON:MRW) on Monday, September 10 to “Buy” rating. The stock of Wm Morrison Supermarkets PLC (LON:MRW) earned “Hold” rating by Deutsche Bank on Friday, May 11. The company was maintained on Thursday, March 15 by Berenberg. The company was maintained on Wednesday, August 29 by Barclays Capital. The firm has “Underweight” rating by Barclays Capital given on Thursday, March 15. Jefferies maintained Wm Morrison Supermarkets PLC (LON:MRW) on Tuesday, August 21 with “Buy” rating. BNP Paribas downgraded the stock to “Sell” rating in Monday, April 30 report. Credit Suisse maintained Wm Morrison Supermarkets PLC (LON:MRW) rating on Thursday, May 10. Credit Suisse has “Neutral” rating and GBX 255 target.

The stock decreased 1.19% or GBX 3.1 during the last trading session, reaching GBX 257.15. About 6.45M shares traded. Wm Morrison Supermarkets PLC (LON:MRW) has 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company has market cap of 6.07 billion GBP. The firm is involved in in-store and online grocery retailing. It has a 19.78 P/E ratio. It operates through 491 stores.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.