WM Morrison Supermarkets PLC’s (MRW) “Hold” Rating Reaffirmed at

reiterated their hold rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research report sent to investors on Friday, November 3rd. The brokerage currently has a GBX 240 ($3.16) target price on the grocer’s stock.

Several other research analysts also recently weighed in on MRW. Deutsche Bank AG reiterated a hold rating and issued a GBX 225 ($2.96) price target on shares of WM Morrison Supermarkets PLC in a report on Friday, July 7th. Credit Suisse Group restated a neutral rating and set a GBX 240 ($3.16) price objective on shares of WM Morrison Supermarkets PLC in a report on Tuesday, August 29th. Barclays PLC upped their price objective on WM Morrison Supermarkets PLC from GBX 205 ($2.70) to GBX 220 ($2.89) and gave the stock an underweight rating in a report on Friday, September 1st. BNP Paribas restated an outperform rating and set a GBX 270 ($3.55) price objective on shares of WM Morrison Supermarkets PLC in a report on Wednesday, September 13th. Finally, Societe Generale restated a sell rating and set a GBX 170 ($2.24) price objective on shares of WM Morrison Supermarkets PLC in a report on Friday, September 15th. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. WM Morrison Supermarkets PLC currently has a consensus rating of Hold and an average target price of GBX 228.89 ($3.01).

Shares of WM Morrison Supermarkets PLC (LON MRW) traded up GBX 5.80 ($0.08) on Friday, reaching GBX 215.80 ($2.84). The company’s stock had a trading volume of 11,641,393 shares, compared to its average volume of 8,380,000. WM Morrison Supermarkets PLC has a 52 week low of GBX 205 ($2.70) and a 52 week high of GBX 254.40 ($3.35).

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The business also recently disclosed a dividend, which was paid on Monday, November 6th. Investors of record on Thursday, September 28th were paid a dividend of GBX 1.66 ($0.02) per share. The ex-dividend date was Thursday, September 28th. This represents a dividend yield of 0.72%.

In related news, insider Tony van Kralingen acquired 13,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were acquired at an average price of GBX 211 ($2.78) per share, for a total transaction of £27,430 ($36,077.86). Also, insider Belinda Richards acquired 232 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average price of GBX 215 ($2.83) per share, for a total transaction of £498.80 ($656.06).

About WM Morrison Supermarkets PLC

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

Analyst Recommendations for WM Morrison Supermarkets PLC (LON:MRW)

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