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.
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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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