first_img Tags: NULL whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap PHILIP DORGAN | ALTIUM SECURITIESMorrisons has grown its sales, profits, margins and return on capital. Not bad considering the state of the consumer economy. It is to return £1bn to shareholders over the next two years and has committed to double digit dividend growth. We are maintaining our ‘buy’ recommendation.RICHARD HUNTER | HARGREAVES LANSDOWNThe business continues to make progress, but the shares have not necessarily kept pace. Over the last year Morrisons has suffered an eight per cent drop in the share price, as opposed to a gain of five per cent for the wider FTSE 100 in that period. The age of austerity may yet play into its hands. On balance it remains that the shares are a ‘buy’.MATT PINER | VERDICTOnline grocery, convenience stores, non-food and own label ranges all present excellent opportunities if it can get them right, but they are all fiercely contested areas that will leave little room for error. We believe Morrisons is right exploring each area fully and bringing in expertise. ANALYST VIEWS: WILL THE SUPERMARKET’S PLANS ATTRACT INVESTORS? KCS-content center_img whatsapp Show Comments ▼ Share Thursday 10 March 2011 7:27 pmlast_img read more

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