A number of other analysts also recently issued reports on the company. Jefferies Group reissued a hold rating and issued a GBX 185 ($2.29) target price on shares of Tesco PLC in a research report on Thursday, October 6th. Societe Generale reissued a sell rating and issued a GBX 130 ($1.61) target price on shares of Tesco PLC in a research report on Thursday, October 6th. Beaufort Securities reaffirmed a hold rating on shares of Tesco PLC in a report on Thursday, October 6th. Shore Capital reaffirmed a hold rating on shares of Tesco PLC in a report on Wednesday, October 5th. Finally, Bryan, Garnier & Co reaffirmed a sell rating and issued a GBX 166 ($2.05) price target on shares of Tesco PLC in a report on Wednesday, October 5th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 193.16 ($2.39).
Tesco PLC (LON:TSCO) opened at 200.0928 on Thursday. The firm has a 50-day moving average price of GBX 174.98 and a 200-day moving average price of GBX 169.39. The firm’s market cap is GBX 16.27 billion. Tesco PLC has a one year low of GBX 137.00 and a one year high of GBX 214.85.
About Tesco PLC
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).
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