TESCO Stock Rating Reaffirmed by Cantor Fitzgerald (TSCO)
TESCO (LON: TSCO)‘s stock had its “buy” rating restated by equities researchers at Cantor Fitzgerald in a report issued on Thursday. They currently have a $7.63 (473 GBX) target price on the stock.
Shares of TESCO opened at 339.75 on Thursday. TESCO has a one year low of GBX 294.50 and a one year high of GBX 413.05. The company’s market cap is £27.224 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of TESCO in a research note to investors on Wednesday. They now have a $6.45 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of TESCO in a research note to investors on Tuesday. They now have a $6.55 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of TESCO in a research note to investors on Friday, September 21st. They now have a $4.52 price target on the stock.
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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