Tesco PLC’s (TSCO) “Sell” Rating Reiterated at Bryan, Garnier & Co
Bryan, Garnier & Co reissued their sell rating on shares of Tesco PLC (LON:TSCO) in a research note released on Wednesday morning. The brokerage currently has a GBX 166 ($2.05) price objective on the retailer’s stock.
Other research analysts have also issued research reports about the company. Barclays PLC reissued an overweight rating and set a GBX 215 ($2.66) price objective on shares of Tesco PLC in a report on Wednesday, June 15th. BNP Paribas reissued an outperform rating and set a GBX 200 ($2.48) price objective on shares of Tesco PLC in a report on Monday, June 27th. Deutsche Bank AG reissued a hold rating and set a GBX 195 ($2.41) price objective on shares of Tesco PLC in a report on Wednesday, June 15th. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 142 ($1.76) target price on shares of Tesco PLC in a report on Monday, June 27th. Finally, Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 115 ($1.42) target price on shares of Tesco PLC in a report on Monday, July 4th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 193.16 ($2.39).
Shares of Tesco PLC (LON:TSCO) opened at 200.0928 on Wednesday. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 214.85. The firm’s market capitalization is GBX 16.27 billion. The company’s 50 day moving average price is GBX 174.98 and its 200 day moving average price is GBX 169.39.
About Tesco PLC
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.