WM Morrison Supermarkets (LON: MRW)‘s stock had its “sell” rating restated by equities researchers at Espirito Santo Execution in a report issued on Tuesday. They currently have a $3.47 (230 GBX) target price on the stock.
Shares of WM Morrison Supermarkets (LON: MRW) opened at 272.50 on Tuesday. WM Morrison Supermarkets has a 52 week low of GBX 247.50 and a 52 week high of GBX 320.289. The stock’s 50-day moving average is currently GBX 286.0. The company’s market cap is £6.488 billion.
A number of other firms have also recently commented on MRW. Analysts at Macquarie reiterated an “underperform” rating on shares of WM Morrison Supermarkets in a research note to investors on Friday. They now have a $3.43 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of WM Morrison Supermarkets in a research note to investors on Friday. They now have a $4.63 price target on the stock. Finally, analysts at Jefferies Group downgraded shares of WM Morrison Supermarkets to a “sell” rating in a research note to investors on Thursday, March 14th. They now have a $3.58 price target on the stock.
Thirteen research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Sell” and an average price target of $3.82 (253 GBX).
Wm Morrison Supermarkets PLC is a food retailer. As of January 29, 2012, the Company had 475 stores across Britain, ranging in size from 3,000 to over 40,000 square feet.
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