WM Morrison Supermarkets PLC 8.7% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

WM Morrison Supermarkets PLC using EPIC/TICKER code (LON:MRW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today 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 their target price at 175 GBX on its stock. This is indicating the analyst believes there is a potential downside of -8.7% from the opening price of 191.65 GBX. Over the last 30 and 90 trading days the company share price has increased 7 points and increased 10.25 points respectively. The 1 year high stock price is 213.2 GBX while the year low stock price is currently 157.55 GBX.

WM Morrison Supermarkets PLC has a 50 day moving average of 187.97 GBX and a 200 Day Moving Average share price is recorded at 192.93. There are currently 2,405,036,323 shares in issue with the average daily volume traded being 12,750,006. Market capitalisation for LON:MRW is £4,532,290,877 GBP.

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