Home » Reports » WM Morrison Supermarkets PLC 3.4% Potential Decrease Indicated by Goldman Sachs

WM Morrison Supermarkets PLC 3.4% Potential Decrease Indicated by Goldman Sachs

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 175 GBX on its stock. This would indicate that the analyst believes there is a downside of -3.4% from the opening price of 181.25 GBX. Over the last 30 and 90 trading days the company share price has decreased 20.95 points and decreased 21.15 points respectively. The 52 week high for the stock is 246.45 GBX while the 52 week low for the share price is 176.9 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 198.75 GBX and the 200 Day Moving Average price is recorded at 200.96. There are currently 2,404,833,810 shares in issue with the average daily volume traded being 10,126,184. Market capitalisation for LON:MRW is £4,409,262,937 GBP.

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