A statement released earlier today by JP Morgan Cazenove about Tesco PLC (LON:TSCO) keeps the target price at 135.00GBX
- Updated: October 8, 2016
Tesco PLC (LON:TSCO) had its target price hold steady to 135.00GBX by JP Morgan Cazenove in an issued report announced Thursday October 06, 2016. The latest stock price target implies a possible downside of -0.35% from the company's last closing price.
Having a price of 208.25GBX, Tesco PLC (LON:TSCO) traded -0.35% lower on the day. With the last stock price up 18.52% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Tesco PLC has recorded a 50-day average of 173.37GBX and a two hundred day average of 169.77GBX. Trade Volume was up over the average, with 36,174,322 shares of TSCO changing hands over the typical 26,402,100
Recent Performance Chart
With a total market value of 0 GBX, Tesco PLC has 52 week low of 137.00GBX and a 52 week high of 214.85GBX with a PE ratio of 118.35 .
In addition to JP Morgan Cazenove reporting its stock price target, a total of 19 brokerages have issued a research note on the company. The average stock price target is 180.26GBX with three brokerages rating the company a strong buy, six brokerages rating the company a buy, six brokerages rating the company a hold, 7 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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