Tesco (TSCO) Stock Rating Reaffirmed by Deutsche Bank

Tesco (LON:TSCO)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank in a research note issued to investors on Wednesday.

Several other analysts also recently weighed in on TSCO. Shore Capital reiterated a “buy” rating on shares of Tesco in a research note on Monday. Beaufort Securities reiterated a “hold” rating and set a GBX 225 ($3.15) price target (up previously from GBX 210 ($2.94)) on shares of Tesco in a research note on Monday, January 29th. Berenberg Bank reiterated a “hold” rating and set a GBX 190 ($2.66) price target on shares of Tesco in a research note on Friday, November 24th. Credit Suisse Group boosted their price target on Tesco from GBX 165 ($2.31) to GBX 185 ($2.59) and gave the company an “underperform” rating in a research note on Monday, January 22nd. Finally, Goldman Sachs Group reiterated a “top pick” rating and set a GBX 220 ($3.08) price target on shares of Tesco in a research note on Thursday, January 4th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 204 ($2.86).

Tesco (LON TSCO) opened at GBX 199.90 ($2.80) on Wednesday. Tesco has a 1 year low of GBX 165.35 ($2.32) and a 1 year high of GBX 217.10 ($3.04). The stock has a market capitalization of $16,340.00 and a PE ratio of 3,331.67.

TRADEMARK VIOLATION WARNING: “Tesco (TSCO) Stock Rating Reaffirmed by Deutsche Bank” was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.com-unik.info/2018/02/07/tesco-tsco-stock-rating-reaffirmed-by-deutsche-bank.html.

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.

Analyst Recommendations for Tesco (LON:TSCO)

Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit