WM Morrison Supermarkets PLC (MRW) Trading Up 0.5%

Morrison Wm Supermarkets PLC
Wm Morrison H1 Profit Climbs, Says Confident In Continued Growth; But Stock Dips
Author

16 September, 2017

Shares in Wm Morrison Supermarkets (LON:MRW) have fallen deep into the red in London this morning, even as Britain's fourth-biggest grocer posted a rise in sales and profits. The Company's divisions include Domestic and Canada Regulated Waste and Compliance Services, Domestic Communication and Related Services (CRS), International RCS and All other. 9,299,234 shares of the stock were exchanged. Morrison Wm Supermarkets PLC has recorded a 50-day average of 246.25GBX and a two hundred day average of 241.98GBX. It has a 17.62 P/E ratio. The stock declined 0.88% or $0.16 reaching $18.11 on the news.

"Even with [the] sharp share price fall, we estimate Morrison's free cash flow yield at below 5% for the next three years collectively - compared with an average yield of around 6.5% for the wider sector", BarCap said. The firm has "Underperform" rating given on Monday, September 19 by RBC Capital Markets. The rating was maintained by HSBC on Friday, September 15 with "Hold". The stock has "House Stock" rating by Shore Capital on Monday, February 1. The firm earned "Hold" rating on Wednesday, January 13 by Deutsche Bank. It has underperformed by 16.70% the S&P500. Exane BNP Paribas's price target means a possible upside of 10.97 % from the last close price of the company. Barclays Capital maintained WM Morrison Supermarkets PLC (LON:MRW) on Wednesday, January 13 with "Underweight" rating. BNP Paribas restated a "neutral" rating and issued a GBX 190 ($2.37) price target on shares of WM Morrison Supermarkets PLC in a report on Monday, January 9th. The stock has "Hold" rating by Deutsche Bank on Thursday, September 3.

Among 20 analysts covering Host Hotels & Resorts (NYSE:HST), 6 have Buy rating, 1 Sell and 13 Hold. The lowest target is $77.0 while the high is $100.0. The firm earned "Neutral" rating on Monday, September 26 by Goldman Sachs. The firm has "Sell" rating given on Tuesday, May 31 by Deutsche Bank. Moreover, Ashmore Wealth Management Llc has 2.35% invested in the company for 518,087 shares. Dekabank Deutsche Girozentrale owns 0.01% invested in Host Hotels and Resorts Inc (NYSE:HST) for 28,440 shares. The stock of Host Hotels and Resorts Inc (NYSE:HST) has "Buy" rating given on Wednesday, October 5 by Citigroup. It has underperformed by 30.82% the S&P500. Tobam, a France-based fund reported 713,587 shares. Nasdaq.com's news article titled: "Wm Morrison H1 Profit Climbs, Says Confident In Continued Growth; But Stock Dips" with publication date: September 14, 2017 was also an interesting one.

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