Tesco (TSCO) Given Buy Rating at UBS Group

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).

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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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