MORRISON (WM) SUPERMARKETS – Consensus Indicates Potential 40.1% Upside

Broker Ratings

MORRISON (WM) SUPERMARKETS with EPIC code (LON:MRW) now have 14 analysts covering the company.The range between the high target price and low target price is between £3.00 and £1.95 meaning the average target price is £2.52. Given that the previous closing share price was at £1.80 this would indicate that there is a potential upside of 40.1%. The day 50 moving average is £1.80 while the 200 day moving average is £1.78. The company has a market cap of £4b. Visit the company website at: http://www.morrisons.co.uk

Wm Morrison Supermarkets operates retail supermarket stores under the Morrisons brand name in the United Kingdom. The company engages in the in-store and online grocery retailing activities. It also supplies eggs; manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance, leasing, technical testing and analysis, and property partnership services, as well as holds pharmaceutical license. The company operates through 492 supermarkets, 50 daily convenience stores, and 335 petrol filling stations. Wm Morrison Supermarkets was founded in 1899 and is headquartered in Bradford, the United Kingdom.

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