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WM Morrison Supermarkets PLC 34.4% Potential Upside Indicated by UBS

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) has 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 285 GBX on its stock. This would imply the analyst believes there is now a potential upside of 34.4% from today’s opening price of 212.05 GBX. Over the last 30 and 90 trading days the company share price has decreased 11.45 points and decreased 33.15 points respectively. The 52 week high share price is 270.5 GBX while the year low stock price is currently 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 237.92 GBX and the 200 Day Moving Average price is recorded at 249.48. There are currently 2,368,149,626 shares in issue with the average daily volume traded being 10,852,645. Market capitalisation for LON:MRW is £5,078,496,800 GBP.