WM Morrison Supermarkets PLC (LON:MRW) has been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat.com reports. Eight analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 227.59 ($2.99).

MRW has been the topic of a number of recent research reports. HSBC Holdings plc restated a “reduce” rating and issued a GBX 190 ($2.50) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, July 19th. Deutsche Bank AG restated a “hold” rating and issued a GBX 225 ($2.96) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday, July 26th. Credit Suisse Group restated a “neutral” rating and issued a GBX 240 ($3.16) target price on shares of WM Morrison Supermarkets PLC in a research note on Tuesday, August 29th. Barclays PLC upped their target price on WM Morrison Supermarkets PLC from GBX 205 ($2.70) to GBX 220 ($2.89) and gave the stock an “underweight” rating in a research note on Friday, September 1st. Finally, BNP Paribas reiterated an “outperform” rating and set a GBX 270 ($3.55) price target on shares of WM Morrison Supermarkets PLC in a research report on Wednesday, September 13th.

In other WM Morrison Supermarkets PLC news, insider Belinda Richards bought 232 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of GBX 215 ($2.83) per share, with a total value of £498.80 ($656.06).

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Shares of WM Morrison Supermarkets PLC (LON:MRW) traded down GBX 0.20 ($0.00) on Monday, hitting GBX 217.10 ($2.86). The stock had a trading volume of 14,788,591 shares, compared to its average volume of 7,940,000. WM Morrison Supermarkets PLC has a 1 year low of GBX 210.20 ($2.76) and a 1 year high of GBX 254.40 ($3.35).

The business also recently declared a dividend, which was paid on Monday, November 6th. Investors of record on Thursday, September 28th were issued a GBX 1.66 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a dividend yield of 0.72%.

WM Morrison Supermarkets PLC Company Profile

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

Analyst Recommendations for WM Morrison Supermarkets PLC (LON:MRW)

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