Tesco PLC’s (TSCO) Hold Rating Reiterated at Beaufort Securities
Tesco PLC (LON:TSCO)‘s stock had its “hold” rating restated by investment analysts at Beaufort Securities in a research report issued to clients and investors on Thursday.
A number of other equities analysts have also recently issued reports on TSCO. HSBC restated a “buy” rating and set a GBX 275 ($3.59) target price on shares of Tesco PLC in a research report on Friday, June 10th. Barclays PLC reissued an “overweight” rating and issued a GBX 215 ($2.81) price objective on shares of Tesco PLC in a research report on Wednesday, June 15th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 195 ($2.55) price objective on shares of Tesco PLC in a research report on Wednesday, June 15th. Societe Generale cut their price objective on shares of Tesco PLC from GBX 150 ($1.96) to GBX 130 ($1.70) and set a “sell” rating for the company in a research report on Friday, June 17th. Finally, Citigroup Inc. reissued a “buy” rating on shares of Tesco PLC in a research report on Friday, June 17th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average 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 capitalization is GBX 16.84 billion. Tesco PLC has a 12-month low of GBX 137.00 and a 12-month high of GBX 214.85. The firm’s 50-day moving average is GBX 171.17 and its 200-day moving average is 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).
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.