Shares of Tesco PLC (LON:TSCO) have earned an average rating of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 192.25 ($2.50).

TSCO has been the subject of several recent analyst reports. Deutsche Bank AG reissued a “buy” rating and set a GBX 240 ($3.13) price objective on shares of Tesco PLC in a report on Tuesday, August 1st. HSBC Holdings plc reissued a “buy” rating and set a GBX 225 ($2.93) price objective on shares of Tesco PLC in a report on Wednesday, July 26th. Shore Capital reissued a “hold” rating on shares of Tesco PLC in a report on Wednesday, July 12th. Finally, Macquarie reissued an “outperform” rating and set a GBX 250 ($3.26) price objective on shares of Tesco PLC in a report on Thursday, July 6th.

Tesco PLC (LON:TSCO) remained flat at GBX 179.45 during midday trading on Tuesday. The company’s stock had a trading volume of 10,576,194 shares. Tesco PLC has a 12 month low of GBX 154.00 and a 12 month high of GBX 219.40. The stock’s market capitalization is GBX 14.63 billion. The stock’s 50 day moving average price is GBX 172.46 and its 200-day moving average price is GBX 183.36.

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In related news, insider John Allan purchased 20,000 shares of the company’s stock in a transaction on Monday, June 19th. The shares were bought at an average cost of GBX 171 ($2.23) per share, for a total transaction of £34,200 ($44,537.05). Insiders have acquired a total of 20,232 shares of company stock worth $3,461,440 over the last 90 days.

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.

Analyst Recommendations for Tesco PLC (LON:TSCO)

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