JPMorgan Chase assumed coverage on shares of WM Morrison Supermarkets (LON: MRW) in a report released on Wednesday. The firm issued an underweight rating and a $3.79 (249 GBX) target price on the stock.
A number of other analysts have also recently weighed in on MRW. Analysts at BNP Paribas raised their price target on shares of WM Morrison Supermarkets from $3.60 to $3.91 in a research note to investors on Monday, February 11th. They now have an underperform rating on the stock. Separately, analysts at AlphaValue reiterated an add rating on shares of WM Morrison Supermarkets in a research note to investors on Thursday, February 7th. They now have a $4.26 price target on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of WM Morrison Supermarkets in a research note to investors on Friday, January 18th. They now have a $3.76 price target on the stock.
WM Morrison Supermarkets opened at 261.60 on Wednesday. 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 £6.475 billion.
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