Tesco PLC (TSCDY) Rating Reiterated by Citigroup Inc.
A number of other equities research analysts also recently issued reports on the stock. HSBC downgraded shares of Tesco PLC from a buy rating to a hold rating in a research report on Wednesday, July 6th. Zacks Investment Research downgraded shares of Tesco PLC from a buy rating to a hold rating in a research report on Wednesday, July 20th. Goldman Sachs Group Inc. reissued a sell rating on shares of Tesco PLC in a research report on Tuesday, August 23rd. Shore Capital reissued a hold rating on shares of Tesco PLC in a research report on Wednesday, October 5th. Finally, Deutsche Bank AG reissued a hold rating on shares of Tesco PLC in a research report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $7.75.
Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.31 on Friday. The firm’s 50-day moving average is $6.86 and its 200 day moving average is $6.93. Tesco PLC has a 12 month low of $6.00 and a 12 month high of $9.11. The firm has a market capitalization of $19.84 billion and a P/E ratio of 38.07.
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.