Other equities analysts have also recently issued research reports about the company. Goldman Sachs Group upgraded Tesco to a buy rating and boosted their target price for the stock from GBX 155 ($2.10) to GBX 220 ($2.98) in a research report on Tuesday, December 5th. Credit Suisse Group boosted their target price on Tesco from GBX 160 ($2.17) to GBX 165 ($2.24) and gave the stock an underperform rating in a research report on Monday, October 30th. reiterated a buy rating and set a GBX 225 ($3.05) target price on shares of Tesco in a research report on Wednesday, September 13th. Deutsche Bank reiterated a buy rating on shares of Tesco in a research report on Tuesday, November 21st. Finally, Berenberg Bank assumed coverage on Tesco in a research report on Tuesday, October 3rd. They set a hold rating and a GBX 180 ($2.44) target price on the stock. Four investment analysts have rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 200.75 ($2.72).
Tesco (TSCO) opened at GBX 204.90 ($2.78) on Thursday. The stock has a market capitalization of $16,780.00 and a PE ratio of 3,415.00. Tesco has a 52-week low of GBX 165.35 ($2.24) and a 52-week high of GBX 217.10 ($2.94).
Tesco Company Profile
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.
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