Tesco PLC (TSCO) Rating Reiterated by Deutsche Bank AG
Tesco PLC (LON:TSCO)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Thursday. They presently have a GBX 230 ($2.87) price objective on the retailer’s stock. Deutsche Bank AG’s price objective would suggest a potential upside of 7.91% from the stock’s current price.
TSCO has been the topic of a number of other research reports. Macquarie reaffirmed an “outperform” rating and issued a GBX 250 ($3.12) target price on shares of Tesco PLC in a research note on Wednesday. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 215 ($2.69) target price on shares of Tesco PLC in a research note on Wednesday. Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 130 ($1.62) target price on shares of Tesco PLC in a research note on Tuesday. HSBC reaffirmed a “buy” rating and issued a GBX 260 ($3.25) target price on shares of Tesco PLC in a research note on Monday. Finally, Societe Generale reaffirmed a “sell” rating and issued a GBX 167 ($2.09) target price on shares of Tesco PLC in a research note on Wednesday, November 2nd. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. Tesco PLC has a consensus rating of “Hold” and an average target price of GBX 198.68 ($2.48).
Tesco PLC (LON:TSCO) opened at 213.95 on Thursday. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 218.00. The stock’s market capitalization is GBX 17.42 billion. The stock’s 50 day moving average price is GBX 202.66 and its 200 day moving average price is GBX 173.61.
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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