Tesco PLC (TSCO) Earns “Sell” Rating from Bryan, Garnier & Co

Bryan, Garnier & Co reaffirmed their sell rating on shares of Tesco PLC (LON:TSCO) in a report released on Thursday. They currently have a GBX 170 ($2.14) price objective on the retailer’s stock.

Other analysts also recently issued research reports about the stock. Credit Suisse Group AG reissued an underperform rating and set a GBX 130 ($1.63) target price on shares of Tesco PLC in a research report on Thursday, January 5th. Shore Capital reissued a hold rating on shares of Tesco PLC in a research report on Wednesday, January 4th. Goldman Sachs Group Inc reissued a sell rating and set a GBX 150 ($1.89) target price on shares of Tesco PLC in a research report on Wednesday, March 22nd. Deutsche Bank AG reissued a hold rating and set a GBX 230 ($2.89) target price on shares of Tesco PLC in a research report on Thursday, January 5th. Finally, Beaufort Securities reissued a hold rating and set a GBX 220 ($2.76) target price on shares of Tesco PLC in a research report on Monday, January 30th. Seven analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 197 ($2.48).

Analyst Recommendations for Tesco PLC (LON:TSCO)

Shares of Tesco PLC (LON:TSCO) opened at 189.30 on Thursday. The company’s market cap is GBX 15.41 billion. Tesco PLC has a 12 month low of GBX 143.08 and a 12 month high of GBX 219.40. The stock has a 50 day moving average of GBX 191.36 and a 200-day moving average of GBX 198.03.

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Tesco PLC Company Profile

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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.

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