Tesco (TSCO) Shares Up 0.7%

Shares of Tesco PLC (LON:TSCO) shot up 0.7% on Tuesday . The company traded as high as GBX 203.80 ($2.82) and last traded at GBX 203.10 ($2.81). 19,885,854 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 23,810,000 shares. The stock had previously closed at GBX 201.60 ($2.79).

A number of research firms recently weighed in on TSCO. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research note on Tuesday, January 23rd. Goldman Sachs Group reiterated a “buy” rating on shares of Tesco in a report on Tuesday. Beaufort Securities reiterated a “hold” rating and issued a GBX 225 ($3.11) target price (up from GBX 210 ($2.90)) on shares of Tesco in a report on Monday, January 29th. Deutsche Bank reiterated a “buy” rating on shares of Tesco in a report on Tuesday, December 19th. Finally, Jefferies Group reiterated a “hold” rating and issued a GBX 185 ($2.56) target price on shares of Tesco in a report on Tuesday, January 2nd. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 204 ($2.82).

The firm has a market cap of $16,640.00 and a PE ratio of 3,385.33.

TRADEMARK VIOLATION WARNING: This article was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://sportsperspectives.com/2018/02/13/tesco-tsco-shares-up-0-7.html.

About Tesco

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.

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.

Latest News

Leave a Reply