BNP Paribas reiterated their outperform rating on shares of Tesco PLC (LON:TSCO) in a research note published on Wednesday. They currently have a GBX 185 ($2.41) price target on the retailer’s stock.

Analyst Recommendations for Tesco PLC (LON:TSCO)

A number of other research analysts also recently issued reports on the stock. Barclays PLC restated an overweight rating and issued a GBX 215 ($2.81) price target on shares of Tesco PLC in a research report on Wednesday, September 14th. Citigroup Inc. restated a buy rating on shares of Tesco PLC in a research report on Monday, September 12th. JPMorgan Chase & Co. restated an underweight rating and issued a GBX 135 ($1.76) price target on shares of Tesco PLC in a research report on Thursday, September 8th. Shore Capital restated a hold rating on shares of Tesco PLC in a research report on Wednesday, August 31st. Finally, Deutsche Bank AG restated a hold rating and issued a GBX 185 ($2.41) price target on shares of Tesco PLC in a research report on Wednesday, August 24th. Four research 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 stock presently has a consensus rating of Hold and a consensus price target of GBX 193.42 ($2.52).

Tesco PLC (LON:TSCO) opened at 176.40 on Wednesday. Tesco PLC has a 1-year low of GBX 137.00 and a 1-year high of GBX 205.90. The firm’s market capitalization is GBX 14.34 billion. The firm has a 50-day moving average of GBX 162.56 and a 200-day moving average of GBX 170.08.

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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