Tesco PLC (TSCDY) Rating Reiterated by Citigroup Inc.
Tesco PLC (NASDAQ:TSCDY)‘s stock had its “buy” rating reaffirmed by analysts at Citigroup Inc. in a report issued on Friday.
Other equities research analysts have also issued reports about the company. Deutsche Bank AG reiterated a “hold” rating on shares of Tesco PLC in a research note on Wednesday, June 29th. Zacks Investment Research upgraded Tesco PLC from a “sell” rating to a “buy” rating and set a $7.00 price objective on the stock in a research note on Wednesday, June 15th. Beaufort Securities reiterated a “hold” rating on shares of Tesco PLC in a research note on Saturday, June 25th. BNP Paribas lowered Tesco PLC from an “outperform” rating to a “neutral” rating in a research note on Thursday, October 6th. Finally, Societe Generale reiterated a “sell” rating on shares of Tesco PLC in a research note on Tuesday, June 28th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.75.
Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.46 on Friday. The stock has a 50 day moving average price of $6.81 and a 200-day moving average price of $6.93. The company has a market cap of $20.22 billion and a P/E ratio of 113.03. Tesco PLC has a 1-year low of $6.00 and a 1-year high of $9.11.
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.
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.