Wm Morrison Sup (MRWSY) Rating Lowered to Hold at ValuEngine

Wm Morrison Sup (OTCMKTS:MRWSY) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Separately, HSBC Holdings plc raised Wm Morrison Sup from a “reduce” rating to a “hold” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Wm Morrison Sup presently has a consensus rating of “Hold” and a consensus price target of $17.00.

Shares of Wm Morrison Sup (OTCMKTS MRWSY) opened at 16.20 on Wednesday. The firm’s 50-day moving average is $16.06 and its 200-day moving average is $15.45. Wm Morrison Sup has a 52-week low of $12.60 and a 52-week high of $16.46. The firm has a market cap of $7.54 billion, a P/E ratio of 19.29 and a beta of 0.64.

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Wm Morrison Sup 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.

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