WM Morrison Supermarkets PLC 13% Potential Upside Indicated by Berenberg

Broker Ratings
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WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 213 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.0% from today’s opening price of 188.45 GBX. Over the last 30 and 90 trading days the company share price has increased 6.05 points and increased 4.65 points respectively. The 1 year high stock price is 221.5 GBX while the 52 week low is 157.55 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 185.28 GBX and the 200 Day Moving Average price is recorded at 193.18. There are currently 2,405,035,247 shares in issue with the average daily volume traded being 18,293,518. Market capitalisation for LON:MRW is £4,455,327,795 GBP.

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