A statement released today by Societe Generale about Tesco PLC (LON:TSCO) ups the target price to 130.00GBX
- Updated: October 5, 2016
Only yesterday Tesco PLC (LON:TSCO) traded 8.17% higher at 208.25GBX. Tesco PLC’s 50-day average is 169.80GBX and its two hundred day average is 169.27GBX. The last closing price is up 20.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 21,732,975 shares of TSCO changing hands under the typical 25,061,200
In a report announced on 10/06/2016 Societe Generale upped the price target of Tesco PLC (LON:TSCO) to 130.00GBX reporting a possible downside of -0.38%.
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Tesco PLC has 52 week low of 137.00GBX and a 52 week high of 207.00GBX with a PE ratio of 120.07 and has a market cap of 0 GBX.
In addition to Societe Generale reporting its stock price target, a total of 19 brokers have released a ratings update on TSCO. The one year target is 180.26GBX with 3 analysts rating the company a strong buy, 6 brokers rating the stock a buy, six brokerages rating the company a hold, 7 firms rating the company a underperform, and lastly zero equity analysts rating the company a sell.
General Company Details For 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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