A report released today by Deutsche Bank about Tesco PLC (LON:TSCO) raises the target price to 230.00GBX
- Updated: October 5, 2016
Yesterday Tesco PLC (LON:TSCO) traded -1.93% lower at 204.60GBX. Tesco PLC’s 50-day moving average is 171.17GBX and its 200-day moving average is 169.36GBX. With the last stock price up 19.93% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 4,776,984 shares of Tesco PLC exchanged hands, down from an avg. volume of 26,979,800
Stating a potential upside of 0.12%, Deutsche Bank upped the price target of Tesco PLC (LON:TSCO) to 230.00GBX
See Chart Below
With a total market value of 0 GBX, Tesco PLC has PE ratio of 119.48 with a one year low of 137.00GBX and a one year high of 214.85GBX .
Also covering Tesco PLC's price target, a total of 19 analysts have released a research note on TSCO. The one year stock price target is 180.26GBX with 3 firms rating the stock a strong buy, 6 brokers rating the company a buy, six brokerages rating the company a hold, seven analysts rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
About Tesco PLC (LON:TSCO)
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, Thailand and Turkey, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom. The Company's businesses include Tesco UK, Tesco in India, Tesco Malaysia, Tesco Lotus, Tesco Czech Republic, Tesco Hungary, Tesco Ireland, Tesco Poland, Tesco Slovakia, Tesco Kipa, Tesco in China, Tesco Bank and dunnhumby. The Company's brands include Finest, Everyday Value, Chokablok and Technika. Finest and Everyday Value are the two food brands in the United Kingdom.
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