Tesco PLC (TSCO) Stock Rating Reaffirmed by Citigroup Inc.
Tesco PLC (LON:TSCO)‘s stock had its “buy” rating restated by analysts at Citigroup Inc. in a research note issued on Thursday.
Several other analysts also recently weighed in on the company. Macquarie reaffirmed an “outperform” rating and set a GBX 250 ($3.26) target price on shares of Tesco PLC in a research note on Monday, September 19th. Bryan, Garnier & Co reaffirmed a “sell” rating and set a GBX 166 ($2.17) target price on shares of Tesco PLC in a research note on Wednesday. Shore Capital reaffirmed a “hold” rating on shares of Tesco PLC in a research note on Wednesday, August 31st. Deutsche Bank AG reaffirmed a “hold” rating on shares of Tesco PLC in a research note on Wednesday, July 27th. Finally, Goldman Sachs Group Inc. reaffirmed a “sell” rating on shares of Tesco PLC in a research note on Tuesday, August 23rd. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. Tesco PLC has a consensus rating of “Hold” and a consensus target price of GBX 192.37 ($2.51).
Tesco PLC (LON:TSCO) opened at 202.964 on Thursday. The company’s 50-day moving average price is GBX 171.17 and its 200-day moving average price is GBX 169.36. The firm’s market cap is GBX 16.50 billion. Tesco PLC has a one year low of GBX 137.00 and a one year high of GBX 214.85.
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).
Receive News & Stock Ratings for Tesco PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco PLC and related stocks with our FREE daily email newsletter.