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WM Morrison Supermarkets PLC 20.5% Potential Upside Indicated by UBS

WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ today by analysts at UBS. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. UBS have set a target price of 250 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.5% from today’s opening price of 207.5 GBX. Over the last 30 and 90 trading days the company share price has increased 25.5 points and increased 10.4 points respectively. The 52 week high for the share price is currently at 262.45 GBX while the year low stock price is currently 176.9 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 194.64 GBX and the 200 Day Moving Average price is recorded at 214.45. There are currently 2,400,101,931 shares in issue with the average daily volume traded being 10,756,965. Market capitalisation for LON:MRW is £5,001,812,277 GBP.