TESCO Given Neutral Rating at Citigroup Inc. (TSCO)
TESCO (LON:TSCO)‘s stock had its “neutral” rating restated by research analysts at Citigroup Inc. in a report released on Monday, StockRatingsNetwork reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of TESCO in a research note to investors on Wednesday, January 22nd. They now have a GBX 375 ($6.18) price target on the stock. Separately, analysts at Societe Generale cut their price target on shares of TESCO from GBX 290 ($4.78) to GBX 270 ($4.45) in a research note to investors on Friday, January 17th. They now have a “sell” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of TESCO in a research note to investors on Wednesday, January 15th. They now have a GBX 348 ($5.73) price target on the stock. Eleven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. TESCO has an average rating of “Hold” and a consensus price target of GBX 372.88 ($6.14).
Shares of TESCO (LON:TSCO) traded down 0.63% on Monday, hitting GBX 324.60. 17,337,036 shares of the company’s stock traded hands. TESCO has a 52 week low of GBX 315.30 and a 52 week high of GBX 388.05. The stock’s 50-day moving average is GBX 330.1 and its 200-day moving average is GBX 355.2. The company’s market cap is £26.166 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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