WM Morrison Supermarkets PLC (MRWSY) Downgraded to Hold at Zacks Investment Research

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.

WARNING: “WM Morrison Supermarkets PLC (MRWSY) Downgraded to Hold at Zacks Investment Research” was published by Stock Observer and is the property of of Stock Observer. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://www.thestockobserver.com/2017/09/13/wm-morrison-supermarkets-plc-mrwsy-downgraded-to-hold-at-zacks-investment-research.html.

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.

Receive News & Ratings for WM Morrison Supermarkets PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WM Morrison Supermarkets PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply