Tesco (LON:TSCO)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research report issued to clients and investors on Thursday.
Several other equities research analysts have also recently commented on TSCO. Goldman Sachs Group reissued a “buy” rating on shares of Tesco in a research report on Tuesday, February 13th. Berenberg Bank reissued a “hold” rating and set a GBX 190 ($2.63) price target on shares of Tesco in a research report on Friday, November 24th. Beaufort Securities reissued a “hold” rating and set a GBX 225 ($3.11) price target (up from GBX 210 ($2.90)) on shares of Tesco in a research report on Monday, January 29th. Deutsche Bank reissued a “buy” rating and set a GBX 240 ($3.32) price target on shares of Tesco in a research report on Wednesday, February 7th. Finally, UBS Group reaffirmed a “buy” rating on shares of Tesco in a report on Wednesday, February 14th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Tesco has a consensus rating of “Hold” and an average target price of GBX 204 ($2.82).
Shares of Tesco (LON:TSCO) opened at GBX 208.10 ($2.88) on Thursday. Tesco has a 52-week low of GBX 165.35 ($2.28) and a 52-week high of GBX 217.10 ($3.00). The company has a market cap of $17,050.00 and a PE ratio of 3,468.33.
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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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