TESCO Rating Reiterated by BNP Paribas (TSCO)
TESCO (LON:TSCO)‘s stock had its “outperform” rating reiterated by stock analysts at BNP Paribas in a report issued on Tuesday, AR Network reports. They currently have a GBX 425 ($6.64) target price on the stock. BNP Paribas’ price target indicates a potential upside of 15.72% from the stock’s previous close.
TESCO (LON:TSCO) opened at 371.75 on Tuesday. TESCO has a 52-week low of GBX 306.40 and a 52-week high of GBX 388.05. The stock has a 50-day moving average of GBX 368.5 and a 200-day moving average of GBX 365.7. The company’s market cap is £29.881 billion.
Several other analysts have also recently commented on the stock. Analysts at Santander reiterated a “buy” rating on shares of TESCO (LON:TSCO) in a research note to investors on Friday. They now have a GBX 425 ($6.64) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of TESCO (LON:TSCO) in a research note to investors on Wednesday, September 4th. They now have a GBX 390 ($6.10) price target on the stock. Finally, analysts at Kepler Capital Markets reiterated a “hold” rating on shares of TESCO (LON:TSCO) in a research note to investors on Wednesday, August 28th. They now have a GBX 380 ($5.94) price target on the stock.
Eight analysts have rated the stock with a sell rating, six have issued a hold rating and fifteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 387.14 ($6.05).
Tesco PLC is an international retailer. The activity of the Company is retailing and associated activities in the United Kingdom, the People’s Republic of China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey and the United States.
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