Tesco PLC (LON:TSCO)‘s stock had its “hold” rating reaffirmed by equities research analysts at Beaufort Securities in a report released on Thursday.
TSCO has been the topic of several other research reports. BNP Paribas restated an “outperform” rating and issued a GBX 185 ($2.41) target price on shares of Tesco PLC in a research note on Wednesday, September 14th. Macquarie reiterated an “outperform” rating and set a GBX 250 ($3.26) price objective on shares of Tesco PLC in a research note on Monday, September 19th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 135 ($1.76) price objective on shares of Tesco PLC in a research note on Thursday, September 8th. Barclays PLC reiterated an “overweight” rating and set a GBX 215 ($2.81) price objective on shares of Tesco PLC in a research note on Thursday, September 22nd. Finally, Citigroup Inc. reiterated a “buy” rating on shares of Tesco PLC in a research note on Monday, September 12th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 194.21 ($2.54).
Shares of Tesco PLC (LON:TSCO) opened at 207.10 on Thursday. The firm’s market cap is GBX 16.84 billion. Tesco PLC has a 52 week low of GBX 137.00 and a 52 week high of GBX 214.85. The stock has a 50 day moving average of GBX 171.17 and a 200 day moving average of GBX 169.36.
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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