Tesco PLC (TSCDY) Stock Rating Reaffirmed by Beaufort Securities
Tesco PLC (NASDAQ:TSCDY)‘s stock had its “hold” rating restated by investment analysts at Beaufort Securities in a report released on Friday.
Several other research firms also recently weighed in on TSCDY. Shore Capital reiterated a “hold” rating on shares of Tesco PLC in a research report on Wednesday. BNP Paribas downgraded Tesco PLC from an “outperform” rating to a “neutral” rating in a research report on Thursday. Zacks Investment Research lowered Tesco PLC from a “hold” rating to a “sell” rating in a research note on Friday, September 23rd. HSBC lowered Tesco PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Tesco PLC in a research note on Wednesday, June 29th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $7.75.
Tesco PLC (NASDAQ:TSCDY) traded down 1.87% during mid-day trading on Friday, hitting $7.47. 51,925 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $6.77 and its 200-day moving average price is $6.96. The stock has a market cap of $20.24 billion and a PE ratio of 113.18. Tesco PLC has a one year low of $6.00 and a one year high of $9.32.
About Tesco PLC
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, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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