Tesco PLC (TSCO) Set to Announce Earnings on Wednesday
Tesco PLC (LON:TSCO) will be posting its quarterly earnings results on Wednesday, April 16th. Parties that are interested in participating in the company’s conference call can do so using this link.
Tesco PLC (LON:TSCO) opened at 289.695 on Tuesday. Tesco PLC has a 52-week low of GBX 278.50 and a 52-week high of GBX 388.05. The stock has a 50-day moving average of GBX 311.8 and a 200-day moving average of GBX 336.5. The company’s market cap is £23.352 billion.
A number of analysts have recently weighed in on TSCO shares. Analysts at Grupo Santander reiterated a “buy” rating on shares of Tesco PLC in a research note on Tuesday. They now have a GBX 360 ($6.02) price target on the stock. On the ratings front, analysts at Jefferies Group cut their price target on shares of Tesco PLC from GBX 375 ($6.27) to GBX 320 ($5.35) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Tesco PLC in a research note on Thursday, April 10th. They now have a GBX 340 ($5.69) price target on the stock. Thirteen research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 341.71 ($5.72).
Tesco PLC, incorporated on November 27, 1947, is engaged in retailing and associated activities in the United Kingdom, China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand and Turkey.
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