MORRISON (WM) SUPERMARKETS PLC – Consensus Indicates Potential 38.8% Upside

Broker Ratings

MORRISON (WM) SUPERMARKETS PLC found using the EPIC (LON:MRW) now have 14 analysts covering the company. The target price ranges between £3.00 and £1.95 meaning the average target price is £2.52. Given that the previous closing share price was at £1.81 this would indicate that there is a potential upside of 38.8%. There is a 50 day moving average of £1.76 while the 200 day moving average is £1.76. The company has a market cap of £4b. Company Website: http://www.morrisons.co.uk

Wm Morrison Supermarkets PLC 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 PLC was founded in 1899 and is headquartered in Bradford, the United Kingdom.

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