Tesco (TSCO) Stock Rating Reaffirmed by Barclays
TSCO has been the topic of a number of other reports. Shore Capital restated a buy rating on shares of Tesco in a research report on Wednesday, September 12th. Goldman Sachs Group reaffirmed a buy rating and issued a GBX 275 ($3.58) price target on shares of Tesco in a research note on Monday, June 18th. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 260 ($3.39) price target on shares of Tesco in a research note on Friday, June 15th. Berenberg Bank reaffirmed a buy rating and issued a GBX 295 ($3.84) price target on shares of Tesco in a research note on Monday, September 17th. Finally, HSBC reaffirmed a buy rating and issued a GBX 290 ($3.78) price target (up from GBX 225 ($2.93)) on shares of Tesco in a research note on Wednesday, June 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 260.93 ($3.40).
LON:TSCO opened at GBX 236.80 ($3.08) on Thursday. Tesco has a 52 week low of GBX 165.35 ($2.15) and a 52 week high of GBX 217.31 ($2.83).
Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.
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