Berenberg Bank Reiterates “Buy” Rating for WM MORRISON SUP/ADR (OTCMKTS:MRWSY)

Berenberg Bank restated their buy rating on shares of WM MORRISON SUP/ADR (OTCMKTS:MRWSY) in a report issued on Monday morning, The Fly reports.

Several other research analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of WM MORRISON SUP/ADR from a hold rating to a buy rating and set a $13.00 target price on the stock in a research report on Wednesday, July 22nd. Barclays restated an underweight rating on shares of WM MORRISON SUP/ADR in a research report on Wednesday, August 26th. ValuEngine lowered shares of WM MORRISON SUP/ADR from a hold rating to a sell rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. restated a neutral rating on shares of WM MORRISON SUP/ADR in a research report on Tuesday, May 19th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $13.00.

Shares of MRWSY opened at $11.08 on Monday. The company has a current ratio of 0.39, a quick ratio of 0.19 and a debt-to-equity ratio of 0.53. The firm’s 50-day moving average is $12.56 and its two-hundred day moving average is $11.75. WM MORRISON SUP/ADR has a twelve month low of $9.85 and a twelve month high of $13.49. The firm has a market capitalization of $5.34 billion, a P/E ratio of 13.35, a PEG ratio of 6.34 and a beta of 0.52.

WM MORRISON SUP/ADR Company Profile

Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.

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Analyst Recommendations for WM MORRISON SUP/ADR (OTCMKTS:MRWSY)

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