Shares of Tesco Co. (NASDAQ:TESO) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $6.00.
A number of brokerages have commented on TESO. B. Riley reaffirmed a “hold” rating on shares of Tesco in a research note on Friday, December 22nd. Goldman Sachs Group raised shares of Tesco from a “neutral” rating to a “buy” rating in a research note on Monday, December 4th. Finally, Zacks Investment Research raised shares of Tesco from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th.
In other Tesco news, CEO Fernando Rafael Assing sold 7,146 shares of Tesco stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $4.20, for a total transaction of $30,013.20. Following the completion of the sale, the chief executive officer now directly owns 164,247 shares in the company, valued at $689,837.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 23,993 shares of company stock worth $98,108 over the last ninety days. 1.70% of the stock is owned by insiders.
Tesco (NASDAQ:TESO) opened at $3.70 on Friday. Tesco has a 52 week low of $3.60 and a 52 week high of $9.65. The company has a market cap of $173.00, a PE ratio of -2.94 and a beta of 1.17.
Tesco Company Profile
Tesco Corporation is a provider of technology-based solutions for drilling, servicing and completion of wells for the upstream energy industry. The Company’s operations consist of top drives and automated pipe handling equipment sales and rentals; aftermarket sales and services, and tubular services, including related products and accessories sales.
Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.