TESCO Rating Reiterated by Grupo Santander (TSCO)
TESCO (LON:TSCO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Grupo Santander in a research note issued to investors on Tuesday, AnalystRatings.NET reports. They currently have a GBX 415 ($6.81) price target on the stock. Grupo Santander’s price target points to a potential upside of 25.09% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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. Finally, analysts at HSBC reiterated an “underweight” rating on shares of TESCO in a research note to investors on Tuesday. They now have a GBX 340 ($5.58) price target on the stock. Ten investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 358.16 ($5.87).
Shares of TESCO (LON:TSCO) traded down 0.14% on Tuesday, hitting GBX 331.75. The stock had a trading volume of 17,197,600 shares. TESCO has a 52 week low of GBX 316.60 and a 52 week high of GBX 388.05. The stock has a 50-day moving average of GBX 339.0 and a 200-day moving average of GBX 356.1. The company’s market cap is £26.742 billion.
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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