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.

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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)

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