Tesco PLC (LON:TSCO)‘s stock had its “outperform” rating reiterated by equities research analysts at Macquarie in a research note issued to investors on Monday. They currently have a GBX 250 ($3.32) target price on the retailer’s stock. Macquarie’s price objective indicates a potential upside of 31.54% from the stock’s current price.

A number of other research firms have also recently weighed in on TSCO. Deutsche Bank AG reissued a “buy” rating and issued a GBX 240 ($3.18) price objective on shares of Tesco PLC in a research report on Thursday, September 28th. Jefferies Group LLC raised their target price on Tesco PLC from GBX 180 ($2.39) to GBX 185 ($2.45) and gave the company a “hold” rating in a research note on Thursday, September 28th. Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 189 ($2.51) target price on shares of Tesco PLC in a research report on Thursday, September 28th. Bryan, Garnier & Co reaffirmed a “sell” rating and set a GBX 170 ($2.25) target price on shares of Tesco PLC in a research report on Tuesday, September 12th. Finally, Shore Capital reiterated a “hold” rating on shares of Tesco PLC in a research note on Wednesday, June 14th. Seven investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. Tesco PLC has a consensus rating of “Hold” and an average target price of GBX 191.94 ($2.55).

Tesco PLC (LON TSCO) opened at 186.80 on Monday. Tesco PLC has a one year low of GBX 165.35 and a one year high of GBX 219.40. The firm’s market cap is GBX 15.23 billion. The company has a 50 day moving average of GBX 183.86 and a 200-day moving average of GBX 180.39.

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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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