Tesco (LON:TSCO)‘s stock had its “buy” rating reissued by Deutsche Bank in a report issued on Tuesday.
Several other brokerages have also issued reports on TSCO. Goldman Sachs Group upgraded Tesco to a “buy” rating and boosted their target price for the company from GBX 155 ($2.09) to GBX 220 ($2.96) in a research note on Tuesday, December 5th. Berenberg Bank restated a “hold” rating and issued a GBX 190 ($2.56) target price on shares of Tesco in a research note on Friday, November 24th. Shore Capital restated a “hold” rating on shares of Tesco in a research note on Wednesday, October 4th. Jefferies Group boosted their target price on Tesco from GBX 180 ($2.42) to GBX 185 ($2.49) and gave the company a “hold” rating in a research note on Thursday, September 28th. Finally, Kepler Capital Markets restated a “hold” rating and issued a GBX 189 ($2.54) target price on shares of Tesco in a research note on Thursday, September 28th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 205.29 ($2.76).
Shares of Tesco (TSCO) opened at GBX 207.40 ($2.79) on Tuesday. Tesco has a one year low of GBX 165.35 ($2.23) and a one year high of GBX 215.16 ($2.90).
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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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