Tesco PLC (LON:TSCO) has received a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 217.42 ($3.00).
A number of analysts recently issued reports on TSCO shares. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Tuesday, January 23rd. Deutsche Bank reissued a “buy” rating and set a GBX 240 ($3.32) price objective on shares of Tesco in a research report on Monday, January 8th. Goldman Sachs raised shares of Tesco to a “buy” rating and increased their price objective for the stock from GBX 155 ($2.14) to GBX 220 ($3.04) in a research report on Tuesday, December 5th. Finally, UBS reissued a “buy” rating on shares of Tesco in a research report on Wednesday, February 14th.
TSCO stock traded up GBX 0.30 ($0.00) during trading hours on Wednesday, hitting GBX 202.90 ($2.80). The company had a trading volume of 31,604,363 shares, compared to its average volume of 45,150,000. The firm has a market capitalization of $20,460.00 and a P/E ratio of 3,381.67. Tesco has a twelve month low of GBX 165.35 ($2.28) and a twelve month high of GBX 217.31 ($3.00).
Tesco 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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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