WM Morrison Supermarkets PLC 38.1% Potential Upside Indicated by Jefferies International

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’ today by analysts at Jefferies International. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Jefferies International have set a target price of 255 GBX on its stock. This would imply the analyst believes there is now a potential upside of 38.1% from the opening price of 184.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.2 points and decreased 29.6 points respectively. The 52 week high share price is 270.5 GBX while the 52 week low is 182.85 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 201.39 GBX and a 200 day moving average of 222.14. There are currently 2,399,877,355 shares in issue with the average daily volume traded being 10,817,444. Market capitalisation for LON:MRW is £4,434,973,425 GBP.

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