A number of other analysts have also weighed in on TSCO. Barclays PLC reiterated an overweight rating and issued a GBX 215 ($2.66) price objective on shares of Tesco PLC in a research note on Wednesday, June 15th. Deutsche Bank AG restated a hold rating and set a GBX 195 ($2.41) price target on shares of Tesco PLC in a research report on Wednesday, June 15th. Societe Generale dropped their price target on shares of Tesco PLC from GBX 150 ($1.86) to GBX 130 ($1.61) and set a sell rating on the stock in a research report on Friday, June 17th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research report on Friday, June 17th. Finally, Goldman Sachs Group Inc. dropped their price target on shares of Tesco PLC from GBX 158 ($1.96) to GBX 151 ($1.87) and set a sell rating on the stock in a research report on Monday, June 20th. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 193.16 ($2.39).
Tesco PLC (LON:TSCO) opened at 202.10 on Thursday. The stock’s market cap is GBX 16.45 billion. Tesco PLC has a 52 week low of GBX 137.00 and a 52 week high of GBX 214.85. The stock’s 50 day moving average is GBX 176.05 and its 200 day moving average is GBX 169.51.
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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