Help Sitemap Home Skip Navigation Contact Us Disability Statement

 
 
Sunday, 20th July 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the The Scotsman site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Sign In
Register

Broker Snaps



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Morrisons
290p +2p

Broker says BUY

JP MORGAN has reiterated its "overweight" rating on supermarket Morrisons and hiked its price target by 20p to 340p, saying that the market is underestimating the group's potential.

In a note, the broker said: "It is perplexing: everyone can see from the data that Morrisons has more operational momentum than its peers and yet it is derated on a relative basis and currently trades at a circa 15 per cent discount to Tesco."





The full article contains 81 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 09 May 2008 10:05 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
 
  

 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.