Tesco PLC (TSCO) Earns “Hold” Rating from HSBC
TSCO has been the subject of several other reports. JPMorgan Chase & Co. restated an underweight rating and set a GBX 135 ($1.65) price target on shares of Tesco PLC in a research note on Monday, October 3rd. Barclays PLC restated an overweight rating and set a GBX 215 ($2.62) price target on shares of Tesco PLC in a research note on Wednesday, September 14th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research note on Monday, September 12th. Shore Capital restated a hold rating on shares of Tesco PLC in a research note on Wednesday, August 31st. Finally, BNP Paribas restated an outperform rating and set a GBX 200 ($2.44) price target on shares of Tesco PLC in a research note on Friday, August 5th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 193.16 ($2.35).
Tesco PLC (LON:TSCO) opened at 208.40 on Friday. The firm’s market cap is GBX 16.97 billion. Tesco PLC has a 52-week low of GBX 137.00 and a 52-week high of GBX 214.85. The firm’s 50-day moving average price is GBX 181.39 and its 200 day moving average price is GBX 170.04.
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).
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