Tesco PLC (TSCDY) Receives Consensus Rating of “Hold” from Analysts
Shares of Tesco PLC (NASDAQ:TSCDY) have earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $8.00.
Separately, Zacks Investment Research lowered Tesco PLC from a “buy” rating to a “hold” rating in a research report on Thursday, June 8th.
Shares of Tesco PLC (TSCDY) traded down 0.30% during mid-day trading on Monday, reaching $6.72. The company’s stock had a trading volume of 15,987 shares. Tesco PLC has a 12 month low of $6.00 and a 12 month high of $8.24. The firm’s market capitalization is $18.26 billion. The company has a 50 day moving average of $6.92 and a 200-day moving average of $7.13.
About Tesco PLC
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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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