A number of other equities research analysts have also recently commented on TSCO. HSBC reiterated a buy rating and set a GBX 275 ($3.40) price target on shares of Tesco PLC in a report on Friday, June 10th. Barclays PLC reiterated an overweight rating and set a GBX 215 ($2.66) price target on shares of Tesco PLC in a report on Wednesday, June 15th. Deutsche Bank AG restated a hold rating and issued a GBX 195 ($2.41) target price on shares of Tesco PLC in a report on Wednesday, June 15th. Societe Generale dropped their target price on shares of Tesco PLC from GBX 150 ($1.86) to GBX 130 ($1.61) and set a sell rating on the stock in a report on Friday, June 17th. Finally, Citigroup Inc. restated a buy rating on shares of Tesco PLC in a report on Friday, June 17th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 193.16 ($2.39).
Tesco PLC (LON:TSCO) opened at 200.0928 on Wednesday. The stock’s 50 day moving average is GBX 174.98 and its 200-day moving average is GBX 169.39. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 214.85. The stock’s market capitalization is GBX 16.27 billion.
About Tesco PLC
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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