Tesco PLC (TSCDY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Tesco PLC (OTCMKTS:TSCDY) have earned an average recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company.
TSCDY has been the topic of several recent analyst reports. Berenberg Bank initiated coverage on Tesco in a research note on Tuesday, October 3rd. They issued a “hold” rating on the stock. Zacks Investment Research cut Tesco from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Goldman Sachs Group raised Tesco from a “sell” rating to a “buy” rating in a research note on Tuesday, December 5th. Finally, BNP Paribas cut Tesco from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 13th.
Shares of Tesco (TSCDY) opened at $8.49 on Monday. Tesco has a 12 month low of $6.34 and a 12 month high of $8.51.
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.
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