Research analysts at Berenberg Bank began coverage on shares of Tesco PLC (NASDAQ:TSCDY) in a report issued on Tuesday. The firm set a “hold” rating on the stock.

A number of other brokerages have also issued reports on TSCDY. Zacks Investment Research raised Tesco PLC from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a research note on Thursday, September 28th. BNP Paribas lowered Tesco PLC from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. Tesco PLC presently has an average rating of “Hold” and a consensus price target of $8.50.

Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.38 on Tuesday. Tesco PLC has a one year low of $6.34 and a one year high of $8.24. The stock’s market capitalization is $20.06 billion. The company has a 50-day moving average of $7.34 and a 200 day moving average of $7.05.

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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.

Analyst Recommendations for Tesco PLC (NASDAQ:TSCDY)

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