Wm Morrison Sup (OTCMKTS:MRWSY) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, August 23rd.
Separately, HSBC Holdings plc raised shares of Wm Morrison Sup from a “reduce” rating to a “hold” rating in a report on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $17.00.
Shares of Wm Morrison Sup (MRWSY) traded up 0.68% during mid-day trading on Wednesday, reaching $16.40. The company’s stock had a trading volume of 27,530 shares. Wm Morrison Sup has a 12 month low of $12.60 and a 12 month high of $16.59. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 19.64 and a beta of 0.64. The company’s 50-day moving average is $16.10 and its 200 day moving average is $15.49.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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