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.
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