Tesco PLC (NASDAQ:TSCDY)‘s stock had its “buy” rating reissued by stock analysts at Citigroup Inc. in a research note issued to investors on Friday.
A number of other equities research analysts also recently weighed in on the company. HSBC downgraded Tesco PLC from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. Zacks Investment Research downgraded Tesco PLC from a “buy” rating to a “hold” rating in a report on Wednesday, July 20th. Goldman Sachs Group Inc. reissued a “sell” rating on shares of Tesco PLC in a report on Tuesday, August 23rd. Shore Capital reissued a “hold” rating on shares of Tesco PLC in a report on Wednesday, October 5th. Finally, Deutsche Bank AG reissued a “hold” rating on shares of Tesco PLC in a report on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $7.75.
Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.46 on Friday. Tesco PLC has a one year low of $6.00 and a one year high of $9.11. The firm’s 50-day moving average price is $6.81 and its 200 day moving average price is $6.93. The company has a market capitalization of $20.22 billion and a PE ratio of 113.03.
About Tesco PLC
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, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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