A number of other equities analysts have also recently issued reports on TSCDY. Zacks Investment Research upgraded Tesco PLC from a sell rating to a buy rating and set a $7.00 target price on the stock in a report on Wednesday, June 15th. Deutsche Bank AG restated a hold rating on shares of Tesco PLC in a report on Wednesday, July 27th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a report on Friday, June 17th. BNP Paribas cut Tesco PLC from an outperform rating to a neutral rating in a report on Thursday, October 6th. Finally, Societe Generale restated a sell rating on shares of Tesco PLC in a report on Tuesday, June 28th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $7.75.
Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.31 on Friday. The company’s 50 day moving average price is $6.86 and its 200-day moving average price is $6.93. The firm has a market cap of $19.84 billion and a price-to-earnings ratio of 38.07. Tesco PLC has a 1-year low of $6.00 and a 1-year high of $9.11.
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, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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