WM Morrison Supermarkets PLC (LON:MRW) traded down 0% on Monday . The stock traded as low as GBX 216.50 ($2.85) and last traded at GBX 210.20 ($2.76). 7,710,795 shares were traded during mid-day trading, a decline of 7% from the average session volume of 8,250,000 shares. The stock had previously closed at GBX 210.20 ($2.76).
Several equities research analysts recently weighed in on the company. reaffirmed a “hold” rating and issued a GBX 240 ($3.16) price target on shares of WM Morrison Supermarkets PLC in a research note on Friday, November 3rd. HSBC Holdings PLC reissued a “hold” rating and issued a GBX 240 ($3.16) target price on shares of WM Morrison Supermarkets PLC in a research note on Friday, November 3rd. Shore Capital Group Limited reissued a “house stock” rating on shares of WM Morrison Supermarkets PLC in a research note on Thursday, November 2nd. Deutsche Bank AG reissued a “hold” rating and issued a GBX 260 ($3.42) target price on shares of WM Morrison Supermarkets PLC in a research note on Wednesday. Finally, Societe Generale reissued a “sell” rating and issued a GBX 170 ($2.24) target price on shares of WM Morrison Supermarkets PLC in a research note on Friday, September 15th. Eight analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 228.89 ($3.01).
The company also recently declared a dividend, which was paid on Monday, November 6th. Shareholders of record on Thursday, September 28th were paid a dividend of GBX 1.66 ($0.02) per share. The ex-dividend date was Thursday, September 28th. This represents a yield of 0.72%.
In other news, insider Belinda Richards purchased 232 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were acquired at an average price of GBX 215 ($2.83) per share, for a total transaction of £498.80 ($656.06).
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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.
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