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WM Morrison Supermarkets PLC 36.9% Potential Upside Indicated by UBS

WM Morrison Supermarkets PLC with EPIC/TICKER (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 290 GBX on its stock. This now indicates the analyst believes there is a possible upside of 36.9% from today’s opening price of 211.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.8 points and decreased 48.75 points respectively. The 1 year high share price is 270.5 GBX while the year low share price is currently 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 241.73 GBX and the 200 Day Moving Average price is recorded at 249.76. There are currently 2,368,010,029 shares in issue with the average daily volume traded being 10,091,794. Market capitalisation for LON:MRW is £5,002,421,186 GBP.