Tesco (TSCDY) Earning Somewhat Favorable Press Coverage, InfoTrie Reports

News headlines about Tesco (OTCMKTS:TSCDY) have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tesco earned a media sentiment score of 0.63 on their scale. InfoTrie also assigned media headlines about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.

Shares of TSCDY opened at $8.68 on Tuesday. Tesco has a 52 week low of $7.06 and a 52 week high of $10.42. The firm has a market capitalization of $23.65 billion, a PE ratio of 18.86, a PEG ratio of 1.31 and a beta of 0.63. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.62 and a quick ratio of 0.49.

A number of research analysts have recently commented on TSCDY shares. BNP Paribas upgraded Tesco from an “underperform” rating to a “neutral” rating in a research note on Friday, December 7th. Zacks Investment Research cut Tesco from a “hold” rating to a “sell” rating in a research note on Thursday, November 29th. Finally, Morgan Stanley started coverage on Tesco in a research note on Thursday, February 7th. They issued an “overweight” rating for the company. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $9.50.

ILLEGAL ACTIVITY WARNING: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another site, it was illegally copied and reposted in violation of U.S. & international copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2019/02/12/tesco-tscdy-earning-somewhat-favorable-press-coverage-infotrie-reports.html.

Tesco Company Profile

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.

Read More: What is a Market Correction?

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.

Leave a Reply