TSCO has been the topic of several other reports. HSBC Holdings plc reissued a buy rating and set a GBX 260 ($3.45) price target on shares of Tesco PLC in a research note on Wednesday, June 7th. Credit Suisse Group reissued an underperform rating and set a GBX 145 ($1.92) price target on shares of Tesco PLC in a research note on Tuesday, August 29th. Shore Capital reissued a hold rating on shares of Tesco PLC in a research note on Tuesday, August 22nd. Finally, Beaufort Securities reissued a buy rating and set a GBX 210 ($2.79) price target on shares of Tesco PLC in a research note on Monday, October 2nd. Seven equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 191.94 ($2.55).
Tesco PLC (LON TSCO) opened at 188.40 on Thursday. The firm has a 50-day moving average of GBX 184.34 and a 200 day moving average of GBX 180.52. Tesco PLC has a 12 month low of GBX 165.35 and a 12 month high of GBX 219.40. The firm’s market capitalization is GBX 15.37 billion.
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In other news, insider John Allan bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The shares were bought at an average cost of GBX 187 ($2.48) per share, with a total value of £37,400 ($49,608.70). Over the last ninety days, insiders purchased 20,230 shares of company stock worth $3,781,355.
About Tesco PLC
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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