Tesco PLC (LON:TSCO) has been assigned a consensus recommendation of “Hold” from the fifteen research firms that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 202.62 ($2.73).

TSCO has been the topic of a number of recent research reports. Shore Capital reiterated a “buy” rating on shares of Tesco in a research report on Wednesday, November 22nd. Credit Suisse Group raised their price target on Tesco from GBX 160 ($2.15) to GBX 165 ($2.22) and gave the stock an “underperform” rating in a research report on Monday, October 30th. restated a “buy” rating and issued a GBX 225 ($3.03) price target on shares of Tesco in a research report on Wednesday, September 13th. Deutsche Bank restated a “buy” rating on shares of Tesco in a research report on Tuesday, November 21st. Finally, Berenberg Bank started coverage on Tesco in a research report on Tuesday, October 3rd. They issued a “hold” rating and a GBX 180 ($2.42) price target on the stock.

Shares of Tesco (TSCO) traded up GBX 0.74 ($0.01) on Monday, reaching GBX 205.50 ($2.77). The company’s stock had a trading volume of 19,874,044 shares, compared to its average volume of 31,530,000. Tesco has a 52-week low of GBX 165.35 ($2.23) and a 52-week high of GBX 219.40 ($2.95).

The firm also recently announced a dividend, which was paid on Friday, November 24th. Shareholders of record on Thursday, October 12th were issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a yield of 0.54%.

In other Tesco news, insider John Allan bought 20,000 shares of Tesco stock in a transaction on Thursday, October 5th. The shares were purchased at an average cost of GBX 187 ($2.52) per share, for a total transaction of £37,400 ($50,336.47). Over the last quarter, insiders have acquired 20,234 shares of company stock worth $3,784,011.

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Tesco 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 and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.

Analyst Recommendations for Tesco (LON:TSCO)

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