Tesco PLC (LON:TSCO)‘s stock had its “hold” rating reaffirmed by equities researchers at Shore Capital in a report released on Tuesday.

A number of other brokerages also recently issued reports on TSCO. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 225 ($2.92) price target on shares of Tesco PLC in a research note on Wednesday, July 26th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 240 ($3.12) price target on shares of Tesco PLC in a research note on Friday, July 7th. Bryan, Garnier & Co reiterated a “sell” rating and issued a GBX 170 ($2.21) price target on shares of Tesco PLC in a research note on Wednesday, June 14th. Finally, Credit Suisse Group lifted their price target on shares of Tesco PLC from GBX 140 ($1.82) to GBX 145 ($1.88) and gave the stock an “underperform” rating in a research note on Friday, May 26th. Seven research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 192.25 ($2.50).

Tesco PLC (LON TSCO) opened at 182.95 on Tuesday. The company’s 50 day moving average is GBX 175.00 and its 200-day moving average is GBX 182.08. The stock’s market capitalization is GBX 14.92 billion. Tesco PLC has a 1-year low of GBX 158.70 and a 1-year high of GBX 219.40.

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In other Tesco PLC news, insider John Allan acquired 20,000 shares of the firm’s stock in a transaction that occurred on Monday, June 19th. The shares were acquired at an average cost of GBX 171 ($2.22) per share, for a total transaction of £34,200 ($44,398.29). Insiders purchased a total of 20,234 shares of company stock worth $3,461,414 over the last quarter.

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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