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WM Morrison Supermarkets PLC 16.3% Potential Upside Indicated by Berenberg

WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 265 GBX on its stock. This indicates the analyst now believes there is a potential upside of 16.3% from today’s opening price of 227.85 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.25 points and decreased 18.55 points respectively. The 52 week high share price is 270.5 GBX while the 52 week low for the share price is 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 229.81 GBX and a 200 day moving average of 248.73. There are currently 2,368,254,984 shares in issue with the average daily volume traded being 9,138,326. Market capitalisation for LON:MRW is £5,435,145,188 GBP.