Tesco PLC (LON:TSCO) had its price objective hoisted by Deutsche Bank AG from GBX 185 ($2.41) to GBX 230 ($3.00) in a research note released on Thursday. Deutsche Bank AG currently has a hold rating on the retailer’s stock.
Other equities research analysts also recently issued research reports about the stock. Citigroup Inc. reaffirmed a buy rating on shares of Tesco PLC in a research note on Thursday. Jefferies Group reaffirmed a hold rating and issued a GBX 185 ($2.41) target price on shares of Tesco PLC in a research note on Thursday. Societe Generale reaffirmed a sell rating and issued a GBX 130 ($1.70) target price on shares of Tesco PLC in a research note on Thursday. Beaufort Securities reaffirmed a hold rating on shares of Tesco PLC in a research note on Thursday. Finally, Bryan, Garnier & Co reaffirmed a sell rating and issued a GBX 166 ($2.17) target price on shares of Tesco PLC in a research note on Wednesday. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 193.16 ($2.52).
Tesco PLC (LON:TSCO) traded down 0.35% on Thursday, hitting GBX 201.20. 33,445,001 shares of the stock were exchanged. The stock’s market capitalization is GBX 16.36 billion. The company has a 50 day moving average of GBX 172.40 and a 200 day moving average of GBX 169.59. 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).
Receive News & Ratings for Tesco PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco PLC and related companies with MarketBeat.com's FREE daily email newsletter.