Jefferies Group LLC Raises Tesco PLC (TSCO) Price Target to GBX 185
Tesco PLC (LON:TSCO) had its target price hoisted by Jefferies Group LLC from GBX 180 ($2.42) to GBX 185 ($2.49) in a research note issued to investors on Thursday morning, MarketBeat reports. They currently have a hold rating on the retailer’s stock.
Several other equities research analysts also recently weighed in on TSCO. HSBC Holdings plc reaffirmed a buy rating and set a GBX 225 ($3.03) price target on shares of Tesco PLC in a report on Wednesday, June 28th. Shore Capital reaffirmed a hold rating on shares of Tesco PLC in a report on Wednesday, July 12th. BNP Paribas downgraded Tesco PLC to an underperform rating and set a GBX 165 ($2.22) price target for the company. in a report on Wednesday, September 13th. Macquarie reaffirmed an outperform rating and set a GBX 250 ($3.36) price target on shares of Tesco PLC in a report on Tuesday, September 26th. Finally, Deutsche Bank AG reaffirmed a buy rating and set a GBX 240 ($3.23) price target on shares of Tesco PLC in a report on Wednesday, June 28th. Seven equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 193.07 ($2.60).
Tesco PLC (LON TSCO) opened at 187.15 on Thursday. The stock’s market capitalization is GBX 15.26 billion. The stock’s 50 day moving average is GBX 181.61 and its 200 day moving average is GBX 180.65. Tesco PLC has a 12-month low of GBX 165.35 and a 12-month high of GBX 219.40.
Tesco PLC 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.
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