WM Morrison Supermarkets PLC 14.2% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Morgan Stanley have set their target price at 229 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.2% from today’s opening price of 200.6 GBX. Over the last 30 and 90 trading days the company share price has increased 16.1 points and decreased 4.7 points respectively. The 1 year high for the stock price is 262.45 GBX while the year low stock price is currently 176.9 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 193.77 GBX and the 200 Day Moving Average price is recorded at 213.31. There are currently 2,400,101,931 shares in issue with the average daily volume traded being 10,864,924. Market capitalisation for LON:MRW is £4,855,406,279 GBP.

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