Tesco PLC (TSCO) Given Hold Rating at Jefferies Group
Jefferies Group restated their hold rating on shares of Tesco PLC (LON:TSCO) in a research report sent to investors on Thursday. The firm currently has a GBX 180 ($2.19) price target on the retailer’s stock.
Other analysts have also issued research reports about the stock. Barclays PLC reaffirmed an overweight rating and set a GBX 235 ($2.86) price target on shares of Tesco PLC in a research report on Thursday. Shore Capital reaffirmed a hold rating on shares of Tesco PLC in a research report on Wednesday, January 4th. Credit Suisse Group reaffirmed an underperform rating and set a GBX 130 ($1.58) price target on shares of Tesco PLC in a research report on Thursday, January 5th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 230 ($2.80) price target on shares of Tesco PLC in a research report on Thursday, January 5th. Finally, BNP Paribas reaffirmed an outperform rating and set a GBX 185 ($2.25) price target on shares of Tesco PLC in a research report on Tuesday, September 20th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 199.95 ($2.43).
Tesco PLC (LON:TSCO) traded down 0.02% during mid-day trading on Thursday, reaching GBX 206.00. The company’s stock had a trading volume of 21,822,267 shares. The firm’s market capitalization is GBX 16.77 billion. The company’s 50-day moving average price is GBX 208.17 and its 200 day moving average price is GBX 185.38. Tesco PLC has a 52 week low of GBX 143.08 and a 52 week high of GBX 219.40.
Tesco PLC Company Profile
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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