WM Morrison Supermarkets PLC 10.2% Potential Upside Indicated by Credit Suisse

Broker Ratings

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 220 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.2% from the opening price of 199.55 GBX. Over the last 30 and 90 trading days the company share price has increased 16.1 points and decreased 1.65 points respectively. The 1 year high for the share price is 231.4 GBX while the 52 week low for the stock is 157.55 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 185.00 GBX and a 200 day moving average of 195.67. There are currently 547,980,973 shares in issue with the average daily volume traded being 15,739,752. Market capitalisation for LON:MRW is £4,454,123,498 GBP.

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