JPMorgan Chase & Co. reissued their underweight rating on shares of Tesco PLC (LON:TSCO) in a research report report published on Monday. The firm currently has a GBX 135 ($1.76) price target on the retailer’s stock.
A number of other research analysts also recently issued reports on the stock. BNP Paribas reissued an outperform rating and set a GBX 185 ($2.41) price objective on shares of Tesco PLC in a research report on Thursday, September 29th. Credit Suisse Group AG boosted their price objective on shares of Tesco PLC from GBX 115 ($1.50) to GBX 130 ($1.70) and gave the company an underperform rating in a research report on Monday, September 26th. Barclays PLC reissued an overweight rating and set a GBX 215 ($2.81) price objective on shares of Tesco PLC in a research report on Thursday, September 22nd. Deutsche Bank AG reissued a hold rating and set a GBX 185 ($2.41) price objective on shares of Tesco PLC in a research report on Wednesday, September 21st. Finally, Jefferies Group reissued a hold rating and set a GBX 185 ($2.41) price objective on shares of Tesco PLC in a research report on Wednesday, September 21st. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. Tesco PLC currently has a consensus rating of Hold and an average price target of GBX 194.21 ($2.54).
Shares of Tesco PLC (LON:TSCO) opened at 207.10 on Monday. The stock’s market cap is GBX 16.84 billion. The stock has a 50 day moving average of GBX 171.17 and a 200 day moving average of GBX 169.36. Tesco PLC has a one year low of GBX 137.00 and a one year high of GBX 214.85.
Tesco PLC Company Profile
Tesco PLC is a retail company. The Company is engaged in the business of retailing and retail banking. The Company operates in four segments: UK, Asia, Europe and Tesco Bank. It has retailing and associated activities (retail) operations across the United Kingdom, Asia and Europe. It is engaged in the retail banking and insurance services through Tesco Bank in the United Kingdom (Bank).
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