Sanford C. Bernstein reissued their underperform rating on shares of TESCO (LON:TSCO) in a research note released on Tuesday morning, Analyst RN reports. They currently have a GBX 300 ($4.91) target price on the stock.
A number of other firms have also recently commented on TSCO. Analysts at Cantor Fitzgerald reiterated a hold rating on shares of TESCO in a research note to investors on Friday, December 6th. They now have a GBX 353 ($5.77) price target on the stock. Separately, analysts at Panmure Gordon downgraded shares of TESCO to a hold rating in a research note to investors on Thursday, December 5th. They now have a GBX 320 ($5.23) price target on the stock, down previously from GBX 440 ($7.19). Finally, analysts at Grupo Santander reiterated a buy rating on shares of TESCO in a research note to investors on Thursday, December 5th. They now have a GBX 415 ($6.79) price target on the stock. Eleven analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. TESCO has an average rating of Hold and an average price target of GBX 366.98 ($6.00).
Shares of TESCO (LON:TSCO) opened at 332.15 on Tuesday. TESCO has a 52-week low of GBX 325.00 and a 52-week high of GBX 388.05. The stock has a 50-day moving average of GBX 356.1 and a 200-day moving average of GBX 358.9. The company’s market cap is £26.775 billion.
Tesco PLC is an international retailer. The activity of the Company is retailing and associated activities in the United Kingdom, the People’s Republic of China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey and the United States.
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