Tesco PLC (TSCDY) Downgraded by BNP Paribas
A number of other analysts also recently issued reports on the stock. Shore Capital reissued a hold rating on shares of Tesco PLC in a report on Wednesday, October 5th. Zacks Investment Research downgraded shares of Tesco PLC from a hold rating to a sell rating in a report on Friday, September 23rd. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research report on Monday, September 12th. Goldman Sachs Group Inc. restated a sell rating on shares of Tesco PLC in a research report on Tuesday, August 23rd. Finally, Deutsche Bank AG restated a hold rating on shares of Tesco PLC in a research report on Wednesday, July 27th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $7.75.
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.
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