A number of other brokerages also recently weighed in on TSCDY. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research report on Monday, September 12th. Zacks Investment Research upgraded shares of Tesco PLC from a sell rating to a hold rating in a research report on Friday, September 9th. Beaufort Securities restated a hold rating on shares of Tesco PLC in a research report on Saturday, June 25th. Goldman Sachs Group Inc. restated a sell rating on shares of Tesco PLC in a research report on Tuesday, August 23rd. Finally, Deutsche Bank AG restated a hold rating on shares of Tesco PLC in a research report on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $7.75.
Shares of Tesco PLC (NASDAQ:TSCDY) traded down 2.959% on Wednesday, hitting $7.608. 24,301 shares of the stock traded hands. Tesco PLC has a 52 week low of $6.00 and a 52 week high of $9.38. The stock has a 50-day moving average price of $6.69 and a 200 day moving average price of $6.96. The firm has a market cap of $20.62 billion and a P/E ratio of 115.273.
About Tesco PLC
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company’s segments include UK & ROI, which includes the United Kingdom and Republic of Ireland, International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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