Tesco PLC’s (TSCO) Hold Rating Reaffirmed at Shore Capital
TSCO has been the topic of a number of other research reports. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 135 ($1.76) price target on shares of Tesco PLC in a research report on Monday. Barclays PLC restated an overweight rating and issued a GBX 215 ($2.81) price objective on shares of Tesco PLC in a research note on Wednesday, September 14th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research note on Monday, September 12th. BNP Paribas restated an outperform rating and issued a GBX 200 ($2.61) price objective on shares of Tesco PLC in a research note on Friday, August 5th. Finally, Goldman Sachs Group Inc. restated a sell rating on shares of Tesco PLC in a research note on Tuesday, August 23rd. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Tesco PLC has a consensus rating of Hold and a consensus price target of GBX 193.16 ($2.52).
Tesco PLC (LON:TSCO) traded down 2.17% during mid-day trading on Wednesday, hitting GBX 202.60. 22,366,226 shares of the company were exchanged. The stock’s 50 day moving average is GBX 171.17 and its 200-day moving average is GBX 169.36. Tesco PLC has a 12-month low of GBX 137.00 and a 12-month high of GBX 214.85. The company’s market cap is GBX 16.47 billion.
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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