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WM Morrison Supermarkets PLC 0.5% Potential Upside Indicated by Bernstein

WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Bernstein. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Bernstein have set their target price at 255 GBX on its stock. This indicates the analyst now believes there is a potential upside of .5% from today’s opening price of 253.8 GBX. Over the last 30 and 90 trading days the company share price has increased 18.6 points and increased 30.6 points respectively. The 52 week high share price is 254.8 GBX while the year low share price is currently 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 232.23 GBX and a 200 Day Moving Average share price is recorded at 229.71. There are currently 2,337,293,770 shares in issue with the average daily volume traded being 15,671,771. Market capitalisation for LON:MRW is £5,892,317,737 GBP.