Tesco (LON:TSCO)‘s stock had its “hold” rating restated by Beaufort Securities in a research report issued on Monday. They presently have a GBX 225 ($3.16) target price on the retailer’s stock, up from their previous target price of GBX 210 ($2.95). Beaufort Securities’ target price would suggest a potential upside of 7.45% from the stock’s current price.
TSCO has been the topic of a number of other reports. Macquarie restated an “outperform” rating and set a GBX 250 ($3.51) price target on shares of Tesco in a research report on Monday, October 2nd. Credit Suisse Group dropped their price target on shares of Tesco from GBX 145 ($2.04) to GBX 140 ($1.97) and set an “underperform” rating on the stock in a research report on Monday, October 2nd. Shore Capital restated a “hold” rating on shares of Tesco in a research report on Wednesday, October 4th. Deutsche Bank restated a “buy” rating and set a GBX 240 ($3.37) price target on shares of Tesco in a research report on Tuesday, January 2nd. Finally, Goldman Sachs Group upgraded shares of Tesco to a “buy” rating and boosted their price target for the stock from GBX 155 ($2.18) to GBX 220 ($3.09) in a research report on Tuesday, December 5th. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 203.67 ($2.86).
Tesco (TSCO) opened at GBX 209.40 ($2.94) on Monday. The stock has a market cap of $17,150.00 and a PE ratio of 3,490.00. Tesco has a one year low of GBX 165.35 ($2.32) and a one year high of GBX 217.10 ($3.05).
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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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