Tesco PLC Rating Reiterated by Grupo Santander (TSCO)
Tesco PLC (LON:TSCO)‘s stock had its “buy” rating reaffirmed by Grupo Santander in a research note issued on Monday. They currently have a GBX 360 ($6.04) price objective on the stock. Grupo Santander’s price target would suggest a potential upside of 18.60% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “sell” rating on shares of Tesco PLC in a research note on Friday. They now have a GBX 240 ($4.02) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Tesco PLC in a research note on Thursday. They now have a GBX 303 ($5.08) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Tesco PLC in a research note on Thursday. They now have a GBX 282 ($4.73) price target on the stock. Fifteen analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 332.33 ($5.57).
Shares of Tesco PLC (LON:TSCO) opened at 301.10 on Monday. Tesco PLC has a 1-year low of GBX 278.50 and a 1-year high of GBX 382.00. The stock has a 50-day moving average of GBX 296.2 and a 200-day moving average of GBX 318.0. The company’s market cap is £24.314 billion.
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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