Tesco PLC (LON:TSCO) had its price target boosted by Credit Suisse Group AG from GBX 115 ($1.50) to GBX 130 ($1.70) in a research report report published on Monday morning. They currently have an underperform rating on the retailer’s stock.
TSCO has been the topic of several other research reports. Barclays PLC restated an overweight rating and set a GBX 215 ($2.81) price target on shares of Tesco PLC in a research note on Wednesday, September 14th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research note on Monday, September 12th. Shore Capital restated a hold rating on shares of Tesco PLC in a research note on Wednesday, August 31st. BNP Paribas restated an outperform rating and set a GBX 200 ($2.61) price target on shares of Tesco PLC in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. restated an underweight rating and set a GBX 135 ($1.76) price target on shares of Tesco PLC in a research note on Thursday, September 8th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 194.21 ($2.54).
Shares of Tesco PLC (LON:TSCO) opened at 179.95 on Monday. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 205.90. The stock has a 50 day moving average of GBX 167.55 and a 200 day moving average of GBX 169.56. The company’s market cap is GBX 14.63 billion.
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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