A number of firms have modified their ratings and price targets on shares of Tesco (LON: TSCO) recently:

  • 4/13/2018 – Tesco was upgraded by analysts at Independent Research GmbH to a “hold” rating. They now have a GBX 240 ($3.44) price target on the stock, up previously from GBX 165 ($2.36).
  • 4/12/2018 – Tesco had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a GBX 265 ($3.79) price target on the stock.
  • 4/12/2018 – Tesco had its price target raised by analysts at Kepler Capital Markets from GBX 189 ($2.71) to GBX 219 ($3.14). They now have a “hold” rating on the stock.
  • 4/12/2018 – Tesco had its price target raised by analysts at Berenberg Bank from GBX 255 ($3.65) to GBX 265 ($3.79). They now have a “buy” rating on the stock.
  • 4/11/2018 – Tesco had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 4/6/2018 – Tesco had its “buy” rating reaffirmed by analysts at Goldman Sachs. They now have a GBX 220 ($3.15) price target on the stock.
  • 4/6/2018 – Tesco had its price target lowered by analysts at Deutsche Bank from GBX 240 ($3.44) to GBX 220 ($3.15). They now have a “buy” rating on the stock.
  • 4/3/2018 – Tesco had its “buy” rating reaffirmed by analysts at UBS.
  • 3/15/2018 – Tesco had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a GBX 265 ($3.79) price target on the stock.
  • 3/13/2018 – Tesco had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 3/6/2018 – Tesco had its “overweight” rating reaffirmed by analysts at Barclays. They now have a GBX 255 ($3.65) price target on the stock.
  • 3/5/2018 – Tesco was upgraded by analysts at Jefferies Group LLC to a “buy” rating. They now have a GBX 250 ($3.58) price target on the stock.
  • 3/1/2018 – Tesco had its “buy” rating reaffirmed by analysts at Shore Capital.

TSCO stock traded up GBX 2.20 ($0.03) during mid-day trading on Tuesday, hitting GBX 235.90 ($3.38). 36,601,846 shares of the company were exchanged, compared to its average volume of 45,150,000. Tesco PLC has a 12-month low of GBX 165.35 ($2.37) and a 12-month high of GBX 217.31 ($3.11).

The firm also recently disclosed a dividend, which will be paid on Friday, June 22nd. Stockholders of record on Thursday, May 17th will be paid a GBX 2 ($0.03) dividend. This is a positive change from Tesco’s previous dividend of $1.00. The ex-dividend date is Thursday, May 17th. This represents a dividend yield of 0.89%.

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,902 stores, as well as online.

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