Wm Morrison Supermar (MRWSY) Rating Increased to Market Perform at Sanford C. Bernstein
Wm Morrison Supermar (OTCMKTS:MRWSY) was upgraded by equities research analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating in a report released on Friday.
Other research analysts have also issued reports about the company. BNP Paribas raised Wm Morrison Supermar from a “neutral” rating to an “outperform” rating in a research report on Friday. HSBC lowered Wm Morrison Supermar from a “hold” rating to a “reduce” rating in a research report on Wednesday, July 6th. Goldman Sachs Group Inc. lowered Wm Morrison Supermar from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 31st. Deutsche Bank AG reaffirmed a “sell” rating on shares of Wm Morrison Supermar in a research report on Saturday, August 13th. Finally, Societe Generale reaffirmed a “sell” rating on shares of Wm Morrison Supermar in a research report on Tuesday, June 28th. Five equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.
Shares of Wm Morrison Supermar (OTCMKTS:MRWSY) traded up 0.62% during mid-day trading on Friday, hitting $13.82. The company had a trading volume of 5,997 shares. Wm Morrison Supermar has a 52-week low of $10.47 and a 52-week high of $15.03. The stock has a market cap of $6.43 billion and a price-to-earnings ratio of 21.94. The stock’s 50-day moving average is $12.64 and its 200-day moving average is $13.31.
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About Wm Morrison Supermar
Wm Morrison Supermarkets PLC is a United Kingdom-based supermarket group. The Company is a fresh food manufacturer in the United Kingdom. The Company owns, operates and controls its fresh food supply chain. The Company’s Market Street stores include butchers, fishmongers, bakery, cake shops, greengrocers, delis, oven fresh products, Fresh to Go products, flower shops and cafes.
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