Tesco PLC Receives “Hold” Rating from Beaufort Securities (TSCO)
Other equities research analysts have also recently issued reports about the stock. Analysts at Espirito Santo Investment Bank Research cut their price target on shares of Tesco PLC from GBX 265 ($4.40) to GBX 190 ($3.15) in a research note on Monday. They now have a “sell” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Tesco PLC from GBX 140 ($2.32) to GBX 150 ($2.49) in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Shore Capital reiterated a “hold” rating on shares of Tesco PLC in a research note on Thursday. Ten investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 315.68 ($5.24).
Tesco PLC (LON:TSCO) opened at 226.05 on Monday. Tesco PLC has a one year low of GBX 241.30 and a one year high of GBX 382.00. The stock’s 50-day moving average is GBX 259.7 and its 200-day moving average is GBX 290.1. The company’s market cap is £18.254 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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