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WM Morrison Supermarkets PLC 14% Potential Decrease Indicated by Barclays Capital

WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 225 GBX on its stock. This now indicates the analyst believes there is a potential downside of -14.0% from today’s opening price of 261.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.2 points and increased 16.4 points respectively. The 52 week high for the share price is currently at 270.5 GBX while the 52 week low is 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 262.95 GBX and the 200 Day Moving Average price is recorded at 239.09. There are currently 2,367,573,944 shares in issue with the average daily volume traded being 11,351,720. Market capitalisation for LON:MRW is £6,121,361,954 GBP.