Tesco PLC (TSCDY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Tesco PLC (OTCMKTS:TSCDY) have been given a consensus recommendation of “Buy” by the seven research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Separately, Zacks Investment Research raised Tesco from a “sell” rating to a “hold” rating in a report on Friday.

Shares of TSCDY opened at $8.47 on Friday. Tesco has a 12-month low of $6.89 and a 12-month high of $10.42. The company has a quick ratio of 0.49, a current ratio of 0.62 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $22.61 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.22 and a beta of 0.50.

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, November 30th. Stockholders of record on Monday, October 15th will be paid a $0.065 dividend. The ex-dividend date is Friday, October 12th. Tesco’s payout ratio is 28.26%.

About Tesco

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.

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Analyst Recommendations for Tesco (OTCMKTS:TSCDY)

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