WM Morrison Supermarkets (LON:MRW) Rating Reiterated by Goldman Sachs Group

Goldman Sachs Group reissued their neutral rating on shares of WM Morrison Supermarkets (LON:MRW) in a report published on Thursday, January 4th.

A number of other research analysts also recently weighed in on MRW. reiterated a hold rating and set a GBX 240 ($3.25) target price on shares of WM Morrison Supermarkets in a report on Friday, November 3rd. HSBC reiterated a hold rating and set a GBX 240 ($3.25) target price on shares of WM Morrison Supermarkets in a report on Friday, November 3rd. Shore Capital Group reiterated a house stock rating on shares of WM Morrison Supermarkets in a report on Thursday, November 2nd. Deutsche Bank reiterated a hold rating and set a GBX 260 ($3.53) target price on shares of WM Morrison Supermarkets in a report on Thursday, September 28th. Finally, Societe Generale reiterated a sell rating and set a GBX 170 ($2.31) target price on shares of WM Morrison Supermarkets in a report on Friday, September 15th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. WM Morrison Supermarkets presently has an average rating of Hold and an average price target of GBX 230.29 ($3.12).

WM Morrison Supermarkets (LON:MRW) traded up GBX 1.90 ($0.03) on Thursday, reaching GBX 228.10 ($3.09). The company’s stock had a trading volume of 9,900,620 shares, compared to its average volume of 9,850,000. WM Morrison Supermarkets has a fifty-two week low of GBX 205 ($2.78) and a fifty-two week high of GBX 254.40 ($3.45). The company has a market cap of $5,370.00 and a price-to-earnings ratio of 1,520.67.

In other news, insider Belinda Richards purchased 232 shares of the stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average cost of GBX 215 ($2.92) per share, with a total value of £498.80 ($676.43). Also, insider Rooney Anand purchased 10,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were purchased at an average cost of GBX 219 ($2.97) per share, for a total transaction of £21,900 ($29,698.94). Insiders have bought a total of 23,232 shares of company stock worth $4,982,880 over the last three months.

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WM Morrison Supermarkets Company Profile

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

Analyst Recommendations for WM Morrison Supermarkets (LON:MRW)

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