Jefferies Group Gives Buy Rating to TESCO (TSCO)
TESCO (LON: TSCO)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Monday. They currently have a $6.45 (400 GBX) target price on the stock.
TESCO traded down 0.89% on Monday, hitting GBX 343.95. TESCO has a 52-week low of GBX 294.50 and a 52-week high of GBX 413.05. The company’s market cap is £27.561 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Exane BNP Paribas reiterated an “underperform” rating on shares of TESCO in a research note to investors on Friday. They now have a $5.16 price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of TESCO in a research note to investors on Monday, September 3rd. They now have a $6.83 price target on the stock. Finally, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of TESCO in a research note to investors on Thursday, August 30th.
Tesco PLC is an international retailer. The activity of the Company is retailing and associated activities in the United Kingdom, the People’s Republic of China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey and the United States.
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