A statement released earlier today by JP Morgan Cazenove about Tesco PLC (LON:TSCO) maintains the target price at 135.00GBX
- Updated: October 2, 2016
Just yesterday Tesco PLC (LON:TSCO) traded 1.67% higher at 179.75GBX. Tesco PLC’s 50-day moving average is 168.09GBX and its 200-day moving average is 169.61GBX. The last stock close price is up 7.86% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 24,798,219 shares of TSCO changing hands over the typical 24,548,800
JP Morgan Cazenove hold steady the price target of Tesco PLC (LON:TSCO) at 135.00GBX indicating a possible downside of -0.25%.
Previously on 09/29/2016, Exane BNP Paribas reported on Tesco PLC (LON:TSCO) held steady the target price at 185.00GBX. At the time, this indicated a possible upside of 0.03%.
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Tesco PLC has a price-earnings ratio of 107.62 with a one year low of 137.00GBX and a one year high of 205.90GBX TSCO’s total market value is presently 0 GBX.
A total of 19 brokers have reported on the stock. 3 brokers rating the company a strong buy, six brokerages rating the stock a buy, 6 analysts rating the company a hold, 7 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a consensus target price of 180.26GBX.
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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