Tesco PLC (LON:TSCO)‘s stock had its “outperform” rating restated by equities researchers at BNP Paribas in a report issued on Thursday. They currently have a GBX 185 ($2.41) price objective on the retailer’s stock. BNP Paribas’ target price suggests a potential upside of 1.12% from the stock’s current price.
TSCO has been the subject of a number of other reports. Barclays PLC reissued an “overweight” rating and set a GBX 215 ($2.81) target price on shares of Tesco PLC in a research note on Wednesday, September 14th. Citigroup Inc. reissued a “buy” rating on shares of Tesco PLC in a research note on Monday, September 12th. Shore Capital restated a “hold” rating on shares of Tesco PLC in a report on Wednesday, August 31st. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 135 ($1.76) price objective on shares of Tesco PLC in a report on Thursday, September 8th. Finally, Goldman Sachs Group Inc. restated a “sell” rating on shares of Tesco PLC in a report on Tuesday, August 23rd. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 194.21 ($2.54).
Shares of Tesco PLC (LON:TSCO) opened at 182.55 on Thursday. The stock’s market cap is GBX 14.84 billion. Tesco PLC has a one year low of GBX 137.00 and a one year high of GBX 205.90. The stock’s 50 day moving average is GBX 168.09 and its 200-day moving average is GBX 169.61.
Tesco PLC Company Profile
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).
Receive News & Ratings for Tesco PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco PLC and related companies with MarketBeat.com's FREE daily email newsletter.