Deutsche Bank AG reaffirmed their buy rating on shares of Tesco PLC (LON:TSCO) in a research note issued to investors on Wednesday morning. Deutsche Bank AG currently has a GBX 240 ($3.13) price target on the retailer’s stock.

Several other equities analysts have also commented on the stock. HSBC Holdings plc restated a buy rating and set a GBX 225 ($2.93) price target on shares of Tesco PLC in a research report on Wednesday, July 19th. Shore Capital restated a hold rating on shares of Tesco PLC in a research report on Wednesday, July 12th. Macquarie restated an outperform rating and set a GBX 250 ($3.26) price target on shares of Tesco PLC in a research report on Thursday, July 6th. Bryan, Garnier & Co restated a sell rating and set a GBX 170 ($2.21) price target on shares of Tesco PLC in a research report on Tuesday, June 20th. Finally, Kepler Capital Markets lowered their price target on shares of Tesco PLC from GBX 205 ($2.67) to GBX 189 ($2.46) and set a hold rating for the company in a research report on Friday, June 2nd. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 192.25 ($2.50).

Shares of Tesco PLC (LON:TSCO) opened at 173.30 on Wednesday. The stock has a 50 day moving average of GBX 172.97 and a 200 day moving average of GBX 184.69. The firm’s market cap is GBX 14.13 billion. Tesco PLC has a 1-year low of GBX 153.00 and a 1-year high of GBX 219.40.

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In other Tesco PLC news, insider John Allan purchased 20,000 shares of the business’s stock in a transaction on Monday, June 19th. The stock was bought at an average cost of GBX 171 ($2.23) per share, with a total value of £34,200 ($44,554.46). Insiders acquired a total of 20,232 shares of company stock valued at $3,461,440 over 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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