BNP Paribas lowered shares of Tesco PLC (NASDAQ:TSCDY) from a neutral rating to an underperform rating in a report issued on Wednesday morning, MarketBeat.com reports.

Separately, Zacks Investment Research cut shares of Tesco PLC from a buy rating to a sell rating in a research report on Tuesday, August 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $8.00.

Tesco PLC (NASDAQ:TSCDY) traded down 0.27% during mid-day trading on Wednesday, hitting $7.41. The company’s stock had a trading volume of 136,023 shares. The firm’s market cap is $20.14 billion. Tesco PLC has a 52-week low of $6.34 and a 52-week high of $8.24. The firm has a 50 day moving average of $7.15 and a 200-day moving average of $6.99.

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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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.

Analyst Recommendations for Tesco PLC (NASDAQ:TSCDY)

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