Tesco (TSCDY) Raised to Neutral at BNP Paribas
Separately, Zacks Investment Research cut Tesco from a hold rating to a sell rating in a report on Friday, September 21st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Tesco has an average rating of Buy and an average target price of $9.50.
OTCMKTS TSCDY opened at $7.54 on Friday. Tesco has a fifty-two week low of $7.31 and a fifty-two week high of $10.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.62 and a quick ratio of 0.49. The company has a market capitalization of $20.57 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 1.11 and a beta of 0.50.
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, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.
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