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WM Morrison Supermarkets PLC 23.5% Potential Upside Indicated by Jefferies International

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Jefferies International have set their target price at 265 GBX on its stock. This now indicates the analyst believes there is a possible upside of 23.5% from today’s opening price of 214.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 21.5 points and decreased 37.35 points respectively. The 52 week high for the share price is currently at 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 240.06 GBX and the 200 Day Moving Average price is recorded at 249.79. There are currently 2,368,149,626 shares in issue with the average daily volume traded being 10,058,732. Market capitalisation for LON:MRW is £5,095,073,775 GBP.