Tesco PLC (TSCO) Rating Reiterated by Macquarie
Tesco PLC (LON:TSCO)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a research note issued to investors on Monday. They presently have a GBX 250 ($3.26) price objective on the retailer’s stock. Macquarie’s price objective would indicate a potential upside of 40.53% from the stock’s current price.
TSCO has been the topic of a number of other research reports. Barclays PLC reaffirmed an “overweight” rating and set a GBX 215 ($2.81) target price on shares of Tesco PLC in a research note on Wednesday, September 14th. Citigroup Inc. reissued a “buy” rating on shares of Tesco PLC in a research note on Monday, September 12th. Shore Capital reissued a “hold” rating on shares of Tesco PLC in a research note on Wednesday, August 31st. BNP Paribas reissued an “outperform” rating and set a GBX 200 ($2.61) price objective on shares of Tesco PLC in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 135 ($1.76) price objective on shares of Tesco PLC in a research note on Thursday, September 8th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 193.42 ($2.52).
Tesco PLC (LON:TSCO) opened at 177.90 on Monday. The company’s market capitalization is GBX 14.46 billion. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 205.90. The stock’s 50 day moving average is GBX 162.97 and its 200-day moving average is GBX 170.02.
Tesco PLC Company Profile
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).
Receive News & Ratings for Tesco PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco PLC and related companies with MarketBeat.com's FREE daily email newsletter.