TESCO (LON: TSCO) was upgraded by investment analysts at Shore Capital Stockbrokers to a “buy” rating in a note issued to investors on Wednesday.

Shares of TESCO opened at 382.00 on Wednesday. TESCO has a 52 week low of GBX 294.50 and a 52 week high of GBX 376.50. The stock’s 50-day moving average is currently GBX 334.2. The company’s market cap is £30.667 billion.

A number of other analysts have also recently weighed in on TSCO. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of TESCO in a research note to investors on Wednesday. They now have a $6.66 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of TESCO to an “outperform” rating in a research note to investors on Wednesday. They now have a $6.46 price target on the stock, up previously from $5.34. Finally, analysts at Espirito Santo Execution reiterated a “sell” rating on shares of TESCO in a research note to investors on Monday. They now have a $4.13 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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