Deutsche Bank AG restated their buy rating on shares of Tesco PLC (LON:TSCO) in a research note issued to investors on Thursday. Deutsche Bank AG currently has a GBX 240 ($3.18) price objective on the retailer’s stock.

TSCO has been the topic of a number of other research reports. HSBC Holdings plc restated a buy rating and set a GBX 260 ($3.45) price target on shares of Tesco PLC in a report on Wednesday, June 7th. Credit Suisse Group AG restated an underperform rating and set a GBX 145 ($1.92) price target on shares of Tesco PLC in a report on Tuesday, August 29th. Shore Capital restated a hold rating on shares of Tesco PLC in a report on Tuesday, August 22nd. Finally, Beaufort Securities restated a buy rating and set a GBX 210 ($2.79) price target on shares of Tesco PLC in a report on Monday. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 191.94 ($2.55).

Tesco PLC (LON:TSCO) traded up 0.96% during midday trading on Thursday, reaching GBX 188.40. The company had a trading volume of 19,406,660 shares. Tesco PLC has a one year low of GBX 165.35 and a one year high of GBX 219.40. The company has a 50-day moving average price of GBX 184.34 and a 200-day moving average price of GBX 180.52. The stock’s market capitalization is GBX 15.37 billion.

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In other Tesco PLC news, insider John Allan acquired 20,000 shares of the stock in a transaction that occurred on Thursday, October 5th. The shares were acquired at an average cost of GBX 187 ($2.48) per share, with a total value of £37,400 ($49,608.70). Insiders purchased a total of 20,230 shares of company stock worth $3,781,355 over the last ninety days.

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 (LON:TSCO)

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