Shore Capital reiterated their buy rating on shares of Tesco (LON:TSCO) in a report published on Thursday, January 11th.
Several other brokerages also recently issued reports on TSCO. Deutsche Bank restated a buy rating and issued a GBX 240 ($3.37) price objective on shares of Tesco in a research note on Monday, January 8th. Goldman Sachs Group restated a top pick rating and issued a GBX 220 ($3.09) price objective on shares of Tesco in a research note on Thursday, January 4th. Jefferies Group restated a hold rating and issued a GBX 185 ($2.60) price objective on shares of Tesco in a research note on Tuesday, January 2nd. Berenberg Bank restated a hold rating and issued a GBX 190 ($2.67) price objective on shares of Tesco in a research note on Friday, November 24th. Finally, Kepler Capital Markets restated a hold rating and issued a GBX 189 ($2.65) price objective on shares of Tesco in a research note on Thursday, September 28th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Tesco has an average rating of Hold and a consensus target price of GBX 204 ($2.86).
Shares of Tesco (LON:TSCO) traded down GBX 4.10 ($0.06) during mid-day trading on Thursday, reaching GBX 202.20 ($2.84). The company’s stock had a trading volume of 25,177,660 shares, compared to its average volume of 19,520,000. The firm has a market capitalization of $16,670.00 and a P/E ratio of 3,370.00. 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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