TESCO Given “Buy” Rating at Santander (TSCO)
TESCO (LON:TSCO)‘s stock had its “buy” rating reiterated by stock analysts at Santander in a report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 415 ($6.81) target price on the stock. Santander’s price objective indicates a potential upside of 25.18% from the stock’s previous close.
A number of other firms have also recently commented on TSCO. Analysts at Grupo Santander reiterated a “buy” rating on shares of TESCO in a research note to investors on Tuesday. They now have a GBX 415 ($6.81) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of TESCO in a research note to investors on Tuesday. They now have a GBX 375 ($6.15) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of TESCO in a research note to investors on Tuesday. They now have a GBX 365 ($5.99) price target on the stock. Ten analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 358.16 ($5.87).
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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