Tesco PLC’s (TSCO) “Hold” Rating Reaffirmed at Jefferies Group
TSCO has been the subject of several other research reports. Deutsche Bank AG restated a hold rating and set a GBX 230 ($2.87) price target on shares of Tesco PLC in a report on Thursday. Macquarie reiterated an outperform rating and issued a GBX 250 ($3.12) target price on shares of Tesco PLC in a report on Wednesday. Barclays PLC reiterated an overweight rating and issued a GBX 215 ($2.69) target price on shares of Tesco PLC in a report on Wednesday. Credit Suisse Group AG reiterated an underperform rating and issued a GBX 130 ($1.62) target price on shares of Tesco PLC in a report on Tuesday. Finally, HSBC reiterated a buy rating and issued a GBX 260 ($3.25) target price on shares of Tesco PLC in a report on Monday. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 198.68 ($2.48).
About Tesco PLC
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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