Home » Reports » Broker Ratings » WM Morrison Supermarkets PLC 4.6% Potential Upside Indicated by JP Morgan Cazenove

WM Morrison Supermarkets PLC 4.6% Potential Upside Indicated by JP Morgan Cazenove

WM Morrison Supermarkets PLC with EPIC/TICKER (LON:MRW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. WM Morrison Supermarkets PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 230 GBX on its stock. This is indicating the analyst believes there is a potential upside of 4.6% from the opening price of 219.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.1 points and decreased 26.65 points respectively. The 1 year high for the share price is 270.5 GBX while the 52 week low for the stock is 203.3 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 236.44 GBX and a 200 day moving average of 249.44. There are currently 2,368,149,626 shares in issue with the average daily volume traded being 11,222,480. Market capitalisation for LON:MRW is £5,174,406,932 GBP.