Zacks Investment Research lowered shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) from a buy rating to a hold rating in a research report report published on Tuesday.
According to Zacks, “Wm Morrison Supermarkets PLC is engaged in the operation of food retailing primarily in the United Kingdom. It manufactures and distributes meat, fish, bakery, fruit and veg, deli and flowers. Wm Morrison Supermarkets PLC is based in Bradford, the United Kingdom. “
Separately, HSBC Holdings plc raised shares of WM Morrison Supermarkets PLC from a reduce rating to a hold rating in a report on Wednesday, August 2nd.
Shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) opened at 16.25 on Tuesday. The firm has a market capitalization of $7.56 billion and a P/E ratio of 19.46. WM Morrison Supermarkets PLC has a 52-week low of $12.60 and a 52-week high of $16.59. The company’s 50-day moving average price is $16.10 and its 200-day moving average price is $15.50.
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About WM Morrison Supermarkets PLC
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.
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