Tesco (LON:TSCO)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued on Thursday.

Other equities analysts have also issued reports about the company. BNP Paribas lowered Tesco to an “underperform” rating and set a GBX 165 ($2.24) target price for the company. in a report on Wednesday, September 13th. Macquarie reaffirmed an “outperform” rating and set a GBX 250 ($3.39) target price on shares of Tesco in a report on Tuesday, September 26th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 240 ($3.25) target price on shares of Tesco in a report on Wednesday, September 20th. Jefferies Group boosted their price objective on Tesco from GBX 180 ($2.44) to GBX 185 ($2.51) and gave the stock a “hold” rating in a research report on Thursday, September 28th. Finally, Kepler Capital Markets reiterated a “hold” rating and set a GBX 189 ($2.56) price objective on shares of Tesco in a research report on Thursday, September 28th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 203.38 ($2.76).

Tesco (TSCO) traded down GBX 8.40 ($0.11) during trading hours on Thursday, hitting GBX 203.50 ($2.76). The stock had a trading volume of 31,970,813 shares, compared to its average volume of 22,410,000. The company has a market capitalization of $16,630.00 and a price-to-earnings ratio of 3,391.67. Tesco has a 52 week low of GBX 165.35 ($2.24) and a 52 week high of GBX 217.10 ($2.94).

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Tesco 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 (LON:TSCO)

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