Tesco’s (TSCO) Buy Rating Reaffirmed at Shore Capital
Other analysts have also issued reports about the stock. Beaufort Securities reiterated a hold rating and issued a GBX 225 ($3.11) price target (up from GBX 210 ($2.90)) on shares of Tesco in a research report on Monday, January 29th. Deutsche Bank reiterated a buy rating and issued a GBX 240 ($3.32) price target on shares of Tesco in a research report on Wednesday, February 7th. Goldman Sachs Group reiterated a buy rating on shares of Tesco in a research report on Tuesday, February 13th. Credit Suisse Group increased their price target on shares of Tesco from GBX 165 ($2.28) to GBX 185 ($2.56) and gave the company an underperform rating in a research report on Monday, January 22nd. Finally, Jefferies Group reiterated a hold rating and issued a GBX 185 ($2.56) price target on shares of Tesco in a research report on Tuesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 204 ($2.82).
Shares of Tesco (TSCO) opened at GBX 203.50 ($2.81) on Thursday. The company has a market cap of $16,670.00 and a P/E ratio of 3,391.67. Tesco has a 1 year low of GBX 165.35 ($2.28) and a 1 year high of GBX 217.10 ($3.00).
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.
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