Tesco PLC’s (TSCDY) Hold Rating Reaffirmed at Beaufort Securities
Tesco PLC (NASDAQ:TSCDY)‘s stock had its “hold” rating reiterated by research analysts at Beaufort Securities in a research note issued on Friday.
Several other equities research analysts also recently weighed in on TSCDY. Zacks Investment Research raised Tesco PLC from a “sell” rating to a “buy” rating and set a $7.00 price objective on the stock in a report on Wednesday, June 15th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Tesco PLC in a research report on Wednesday, July 27th. Citigroup Inc. reaffirmed a “buy” rating on shares of Tesco PLC in a research report on Friday, June 17th. BNP Paribas lowered Tesco PLC from an “outperform” rating to a “neutral” rating in a research report on Thursday. Finally, Societe Generale reaffirmed a “sell” rating on shares of Tesco PLC in a research report on Tuesday, June 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Tesco PLC currently has a consensus rating of “Hold” and an average price target of $7.75.
Tesco PLC (NASDAQ:TSCDY) traded down 1.87% on Friday, reaching $7.47. The company’s stock had a trading volume of 51,925 shares. The stock has a market cap of $20.24 billion and a price-to-earnings ratio of 113.18. The firm’s 50-day moving average price is $6.77 and its 200-day moving average price is $6.96. Tesco PLC has a 52-week low of $6.00 and a 52-week high of $9.32.
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Tesco PLC Company Profile
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company’s segments include UK & ROI, which includes the United Kingdom and Republic of Ireland, International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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