Tesco (TSCO) Stock Price Down 0%

Tesco PLC (LON:TSCO)’s share price fell 0% during trading on Thursday . The company traded as low as GBX 194.05 ($2.60) and last traded at GBX 194.05 ($2.60). 37,320,348 shares were traded during mid-day trading, an increase of 32% from the average session volume of 28,270,000 shares. The stock had previously closed at GBX 194.05 ($2.60).

Several equities analysts recently commented on the stock. Berenberg Bank reaffirmed a “hold” rating and set a GBX 190 ($2.54) target price on shares of Tesco in a report on Friday, November 24th. Shore Capital reaffirmed a “hold” rating on shares of Tesco in a report on Wednesday, October 4th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 240 ($3.21) target price on shares of Tesco in a report on Wednesday, November 15th. Jefferies Group increased their target price on shares of Tesco from GBX 180 ($2.41) to GBX 185 ($2.48) and gave the company a “hold” rating in a report on Thursday, September 28th. Finally, Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 189 ($2.53) target price on shares of Tesco in a report on Thursday, September 28th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 200.29 ($2.68).

The business also recently announced a dividend, which was paid on Friday, November 24th. Stockholders of record on Thursday, October 12th were given a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, October 12th. This represents a dividend yield of 0.54%.

In related news, insider John Allan bought 20,000 shares of the company’s stock in a transaction dated Thursday, October 5th. The stock was purchased at an average cost of GBX 187 ($2.50) per share, with a total value of £37,400 ($50,087.05). Over the last ninety days, insiders bought 20,237 shares of company stock valued at $3,784,015.

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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.

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