Deutsche Bank AG reissued their buy rating on shares of Tesco PLC (LON:TSCO) in a research note released on Tuesday, StockTargetPrices.com reports.

Several other analysts have also commented on the stock. restated a buy rating and set a GBX 225 ($2.96) price target on shares of Tesco PLC in a research report on Wednesday, July 26th. Shore Capital restated a hold rating on shares of Tesco PLC in a research report on Wednesday, November 1st. Credit Suisse Group raised their price target on shares of Tesco PLC from GBX 160 ($2.10) to GBX 165 ($2.17) and gave the company an underperform rating in a research report on Monday, October 30th. Berenberg Bank initiated coverage on shares of Tesco PLC in a research report on Tuesday, October 3rd. They set a hold rating and a GBX 180 ($2.37) price target on the stock. Finally, BNP Paribas lowered shares of Tesco PLC to an underperform rating and set a GBX 165 ($2.17) price target on the stock. in a research report on Wednesday, September 13th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. Tesco PLC has a consensus rating of Hold and an average price target of GBX 200.29 ($2.63).

Shares of Tesco PLC (LON TSCO) opened at GBX 192.60 ($2.53) on Tuesday. Tesco PLC has a 52-week low of GBX 165.35 ($2.17) and a 52-week high of GBX 219.40 ($2.89).

The business also recently disclosed a dividend, which was paid on Friday, November 24th. Shareholders of record on Thursday, October 12th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.54%. The ex-dividend date was Thursday, October 12th.

In related news, insider John Allan acquired 20,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The shares were acquired at an average cost of GBX 187 ($2.46) per share, with a total value of £37,400 ($49,191.11). Over the last ninety days, insiders have acquired 20,224 shares of company stock worth $3,781,493.

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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.

Stock Target Prices

Analyst Recommendations for Tesco PLC (LON:TSCO)

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