WM Morrison Supermarkets PLC 9.1% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 205 GBX on its stock. This is indicating the analyst believes there is a potential downside of -9.1% from the opening price of 225.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.85 points and increased 6.65 points respectively. The 1 year high for the share price is 270.5 GBX while the 52 week low for the stock is 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 233.22 GBX and a 200 Day Moving Average share price is recorded at 246.63. There are currently 2,368,265,948 shares in issue with the average daily volume traded being 8,829,294. Market capitalisation for LON:MRW is £5,349,912,631 GBP.

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