WM Morrison Supermarkets PLC 19.7% Potential Upside Indicated by Credit Suisse

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 ‘OUTPERFORM’ this morning by analysts at Credit Suisse. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 221 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.7% from the opening price of 184.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.5 points and increased 10.55 points respectively. The 1 year high share price is 211.4 GBX while the year low share price is currently 157.55 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 188.91 GBX and a 200 Day Moving Average share price is recorded at 193.06. There are currently 2,405,036,323 shares in issue with the average daily volume traded being 12,167,726. Market capitalisation for LON:MRW is £4,350,710,561 GBP.

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