Panmure Gordon Increases TESCO Price Target to GBX 684 (TSCO)
Research analysts at Panmure Gordon boosted their price target on shares of TESCO (LON:TSCO) from GBX 600 ($9.84) to GBX 684 ($11.22) in a report released on Thursday, AR Network reports. The firm currently has a “buy” rating on the stock. Panmure Gordon’s target price would suggest a potential upside of 108.35% from the stock’s previous close.
TSCO has been the subject of a number of other recent research reports. Analysts at Prime Markets reiterated a “sell” rating on shares of TESCO in a research note to investors on Thursday. They now have a GBX 310 ($5.08) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of TESCO in a research note to investors on Thursday. They now have a GBX 353 ($5.79) price target on the stock. Finally, analysts at 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. Ten equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company’s stock. TESCO presently has a consensus rating of “Hold” and a consensus target price of GBX 368.44 ($6.04).
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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