Tesco PLC (LON:TSCO)‘s stock had its “hold” rating reissued by stock analysts at Shore Capital in a research report issued on Wednesday.

Other equities analysts have also recently issued research reports about the company. HSBC Holdings plc restated a “buy” rating on shares of Tesco PLC in a research report on Wednesday, September 6th. Deutsche Bank AG restated a “buy” rating and issued a GBX 240 ($3.17) price target on shares of Tesco PLC in a research report on Friday, September 1st. Six equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 195.93 ($2.59).

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In other news, insider John Allan purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, October 5th. The shares were acquired at an average price of GBX 187 ($2.47) per share, with a total value of £37,400 ($49,353.39). Insiders have bought a total of 20,225 shares of company stock worth $3,781,516 in the last three months.

About Tesco PLC

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 PLC (LON:TSCO)

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