Tesco PLC (LON:TSCO)‘s stock had its “buy” rating reiterated by equities researchers at HSBC Holdings plc in a research report issued to clients and investors on Monday. They currently have a GBX 225 ($3.03) target price on the retailer’s stock. HSBC Holdings plc’s price objective would suggest a potential upside of 22.38% from the company’s current price.

A number of other analysts have also weighed in on TSCO. Jefferies Group LLC restated a “hold” rating and issued a GBX 180 ($2.43) target price on shares of Tesco PLC in a research note on Tuesday, May 30th. Kepler Capital Markets lowered their price objective on Tesco PLC from GBX 205 ($2.76) to GBX 189 ($2.55) and set a “hold” rating for the company in a research report on Friday, June 2nd. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 240 ($3.24) price objective on shares of Tesco PLC in a research report on Wednesday, June 7th. Bryan, Garnier & Co reiterated a “sell” rating and issued a GBX 170 ($2.29) price objective on shares of Tesco PLC in a research report on Wednesday, June 14th. Finally, Shore Capital reiterated a “hold” rating on shares of Tesco PLC in a research report on Wednesday, June 14th. Seven research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 192.73 ($2.60).

Shares of Tesco PLC (TSCO) opened at 184.15 on Monday. The firm’s market capitalization is GBX 15.02 billion. Tesco PLC has a one year low of GBX 165.35 and a one year high of GBX 219.40. The firm has a 50-day moving average of GBX 181.61 and a 200-day moving average of GBX 180.65.

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About Tesco PLC

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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.

Analyst Recommendations for Tesco PLC (LON:TSCO)

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