Tesco PLC (TSCDY) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Tesco PLC (NASDAQ:TSCDY) have been assigned an average recommendation of “Hold” from the nine analysts that are presently covering the firm. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company.
TSCDY has been the topic of several research analyst reports. Citigroup Inc. reissued a “buy” rating on shares of Tesco PLC in a research report on Monday, September 12th. Deutsche Bank AG reissued a “hold” rating on shares of Tesco PLC in a research report on Wednesday, July 27th. Zacks Investment Research cut shares of Tesco PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 20th. HSBC cut shares of Tesco PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th. Finally, Beaufort Securities reissued a “hold” rating on shares of Tesco PLC in a research report on Saturday, June 25th.
Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.40 on Friday. The stock has a market capitalization of $20.08 billion and a P/E ratio of 38.54. Tesco PLC has a 12 month low of $6.00 and a 12 month high of $8.97. The firm has a 50 day moving average of $6.90 and a 200-day moving average of $6.93.
Tesco PLC Company Profile
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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