Tesco (LON:TSCO)‘s stock had its “buy” rating reissued by stock analysts at UBS Group in a research note issued on Wednesday, www.digitallook.com reports.
TSCO has been the topic of a number of other research reports. Goldman Sachs Group reissued a “buy” rating on shares of Tesco in a report on Tuesday. Shore Capital reissued a “buy” rating on shares of Tesco in a report on Tuesday, January 23rd. Deutsche Bank reissued a “buy” rating and issued a GBX 240 ($3.32) target price on shares of Tesco in a report on Tuesday, January 2nd. Jefferies Group reissued a “hold” rating and issued a GBX 185 ($2.56) target price on shares of Tesco in a report on Tuesday, January 2nd. Finally, Credit Suisse Group boosted their target price on Tesco from GBX 160 ($2.21) to GBX 165 ($2.28) and gave the company an “underperform” rating in a report on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 204 ($2.82).
Tesco (LON:TSCO) traded down GBX 0.90 ($0.01) during trading hours on Wednesday, hitting GBX 202.20 ($2.79). The stock had a trading volume of 21,324,592 shares, compared to its average volume of 23,810,000. The firm has a market capitalization of $16,640.00 and a price-to-earnings ratio of 3,370.00. Tesco has a 1-year low of GBX 165.35 ($2.28) and a 1-year high of GBX 217.10 ($3.00).
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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