Tesco (LON:TSCO)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank in a report released on Tuesday, January 2nd. They currently have a GBX 240 ($3.25) target price on the retailer’s stock. Deutsche Bank’s price objective suggests a potential upside of 17.13% from the company’s current price.
A number of other equities analysts have also weighed in on TSCO. reiterated a “buy” rating and set a GBX 225 ($3.05) price objective on shares of Tesco in a research note on Monday, October 2nd. Berenberg Bank restated a “hold” rating and issued a GBX 190 ($2.58) price target on shares of Tesco in a research note on Friday, November 24th. Kepler Capital Markets reiterated a “hold” rating and issued a GBX 189 ($2.56) price objective on shares of Tesco in a report on Thursday, September 28th. Shore Capital restated a “hold” rating on shares of Tesco in a report on Wednesday, November 1st. Finally, Beaufort Securities restated a “buy” rating and set a GBX 210 ($2.85) target price on shares of Tesco in a report on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 200.75 ($2.72).
Tesco (LON TSCO) opened at GBX 204.90 ($2.78) on Tuesday. The company has a market capitalization of $16,780.00 and a price-to-earnings ratio of 3,415.00. Tesco has a fifty-two week low of GBX 165.35 ($2.24) and a fifty-two week high of GBX 217.10 ($2.94).
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.
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