Tesco PLC (LON:TSCO)‘s stock had its “overweight” rating restated by equities research analysts at Barclays PLC in a note issued to investors on Thursday. They presently have a GBX 215 ($2.81) price objective on the retailer’s stock. Barclays PLC’s price objective points to a potential upside of 18.42% from the stock’s current price.
TSCO has been the topic of a number of other reports. Citigroup Inc. reiterated a “buy” rating on shares of Tesco PLC in a research report on Monday, September 12th. Shore Capital reiterated a “hold” rating on shares of Tesco PLC in a research report on Wednesday, August 31st. BNP Paribas reiterated an “outperform” rating and issued a GBX 200 ($2.61) price objective on shares of Tesco PLC in a research report on Friday, August 5th. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 135 ($1.76) price target on shares of Tesco PLC in a research report on Thursday, September 8th. Finally, Goldman Sachs Group Inc. restated a “sell” rating on shares of Tesco PLC in a research report on Tuesday, August 23rd. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 194.21 ($2.54).
Shares of Tesco PLC (LON:TSCO) opened at 181.373550 on Thursday. The stock’s market capitalization is GBX 14.75 billion. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 205.90. The company has a 50-day moving average price of GBX 165.09 and a 200-day moving average price of GBX 170.13.
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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