WM Morrison Supermarkets PLC 26.9% Potential Upside Indicated by Berenberg

Broker Ratings
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WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning 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 230 GBX on its stock. This is indicating the analyst believes there is a potential upside of 26.9% from the opening price of 181.25 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.45 points and decreased 31.15 points respectively. The 1 year high stock price is 270.5 GBX while the year low stock price is currently 176.9 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 199.99 GBX and a 200 Day Moving Average share price is recorded at 220.24. There are currently 31,023,292 shares in issue with the average daily volume traded being 10,674,662. Market capitalisation for LON:MRW is £4,372,576,467 GBP.

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