Tesco PLC (TSCDY) Earns Hold Rating from Shore Capital
Several other brokerages have also weighed in on TSCDY. Zacks Investment Research lowered Tesco PLC from a hold rating to a sell rating in a report on Friday, September 23rd. HSBC lowered Tesco PLC from a buy rating to a hold rating in a report on Wednesday, July 6th. Deutsche Bank AG reissued a hold rating on shares of Tesco PLC in a report on Wednesday, June 29th. Citigroup Inc. reissued a buy rating on shares of Tesco PLC in a report on Friday, June 17th. Finally, Beaufort Securities reissued a hold rating on shares of Tesco PLC in a report on Saturday, June 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $7.75.
Tesco PLC (NASDAQ:TSCDY) opened at 7.47 on Wednesday. The stock’s 50 day moving average price is $6.77 and its 200-day moving average price is $6.96. The firm has a market capitalization of $20.24 billion and a price-to-earnings ratio of 113.18. Tesco PLC has a one year low of $6.00 and a one year high of $9.32.
About Tesco PLC
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.
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.