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WM Morrison Supermarkets PLC 15% Potential Upside Indicated by UBS

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. UBS have set their target price at 260 GBX on its stock. This would imply the analyst believes there is now a potential upside of 15.0% from the opening price of 226.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 6 points and increased 12.8 points respectively. The 1 year high for the stock price is 270.5 GBX while the 52 week low is 209.2 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 233.95 GBX and a 200 Day Moving Average share price is recorded at 246.28. There are currently 2,368,265,948 shares in issue with the average daily volume traded being 9,045,767. Market capitalisation for LON:MRW is £5,340,439,712 GBP.