Tesco PLC (TSCO) Given “Hold” Rating at Deutsche Bank AG
Deutsche Bank AG reissued their hold rating on shares of Tesco PLC (LON:TSCO) in a research report report published on Wednesday morning. Deutsche Bank AG currently has a GBX 185 ($2.41) target price on the retailer’s stock.
A number of other brokerages have also recently issued reports on TSCO. BNP Paribas reissued an outperform rating and set a GBX 185 ($2.41) target price on shares of Tesco PLC in a report on Wednesday, September 14th. Macquarie reissued an outperform rating and set a GBX 250 ($3.26) target price on shares of Tesco PLC in a report on Monday. JPMorgan Chase & Co. reissued an underweight rating and set a GBX 135 ($1.76) target price on shares of Tesco PLC in a report on Thursday, September 8th. HSBC reissued a buy rating and set a GBX 275 ($3.59) target price on shares of Tesco PLC in a report on Wednesday, June 1st. Finally, Citigroup Inc. reissued a buy rating on shares of Tesco PLC in a report on Monday, September 12th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 193.42 ($2.52).
Shares of Tesco PLC (LON:TSCO) opened at 180.85 on Wednesday. The firm’s market cap is GBX 14.70 billion. The firm has a 50 day moving average price of GBX 163.59 and a 200-day moving average price of GBX 169.97. Tesco PLC has a one year low of GBX 137.00 and a one year high of GBX 205.90.
Tesco PLC Company Profile
Tesco PLC is a retail company. The Company is engaged in the business of retailing and retail banking. The Company operates in four segments: UK, Asia, Europe and Tesco Bank. It has retailing and associated activities (retail) operations across the United Kingdom, Asia and Europe. It is engaged in the retail banking and insurance services through Tesco Bank in the United Kingdom (Bank).
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