WM Morrison Supermarkets PLC (NASDAQ:MRWSY) Receives Hold Rating from HSBC Holdings plc

HSBC Holdings plc reissued their hold rating on shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) in a report issued on Tuesday morning.

Separately, Zacks Investment Research cut shares of WM Morrison Supermarkets PLC from a buy rating to a hold rating in a research report on Wednesday, May 10th.

WM Morrison Supermarkets PLC (NASDAQ MRWSY) traded up 1.32% during mid-day trading on Tuesday, hitting $16.13. The company’s stock had a trading volume of 10,365 shares. The firm has a market cap of $7.51 billion and a price-to-earnings ratio of 18.87. WM Morrison Supermarkets PLC has a 52-week low of $12.12 and a 52-week high of $16.46. The firm has a 50 day moving average of $15.95 and a 200-day moving average of $15.39.

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About WM Morrison Supermarkets PLC

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.

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