Tesco PLC (TSCDY) Given Average Recommendation of “Hold” by Analysts
Shares of Tesco PLC (OTCMKTS:TSCDY) have received a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the firm. Two equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have assigned a buy recommendation to the company.
TSCDY has been the subject of several research analyst reports. BNP Paribas downgraded Tesco PLC from an “outperform” rating to a “neutral” rating in a research report on Thursday, October 6th. HSBC downgraded Tesco PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th.
Shares of Tesco PLC (OTCMKTS:TSCDY) opened at 7.40 on Wednesday. The stock has a market capitalization of $20.08 billion, a P/E ratio of 38.54 and a beta of 0.66. The company’s 50-day moving average is $6.90 and its 200 day moving average is $6.93. Tesco PLC has a 12 month low of $6.00 and a 12 month high of $8.97.
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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