Tesco PLC (TSCO) Receives “Hold” Rating from Kepler Capital Markets

Kepler Capital Markets reiterated their hold rating on shares of Tesco PLC (LON:TSCO) in a research report sent to investors on Thursday morning. They currently have a GBX 189 ($2.54) target price on the retailer’s stock.

Several other research firms also recently commented on TSCO. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 240 ($3.23) price target on shares of Tesco PLC in a research note on Thursday. Bryan, Garnier & Co reaffirmed a sell rating and issued a GBX 170 ($2.29) price target on shares of Tesco PLC in a research note on Tuesday, September 12th. Shore Capital reaffirmed a hold rating on shares of Tesco PLC in a research note on Wednesday, June 14th. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 260 ($3.50) price target on shares of Tesco PLC in a research note on Wednesday, June 14th. Finally, BNP Paribas downgraded shares of Tesco PLC to an underperform rating and set a GBX 165 ($2.22) target price on the stock. in a research report on Wednesday, September 13th. Seven investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Tesco PLC presently has a consensus rating of Hold and a consensus price target of GBX 193.07 ($2.60).

Shares of Tesco PLC (LON TSCO) traded up 1.13% during midday trading on Thursday, hitting GBX 187.15. 25,247,300 shares of the stock were exchanged. Tesco PLC has a 12 month low of GBX 165.35 and a 12 month high of GBX 219.40. The stock’s market cap is GBX 15.26 billion. The firm has a 50 day moving average of GBX 181.61 and a 200-day moving average of GBX 180.65.

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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 (LON:TSCO)




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