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Exane BNP Paribas announced Tesco PLC (LON:TSCO), upholding its stock price target at 185.00GBX today

In a report released on 9/29/2016 Exane BNP Paribas hold steady the stock price target of Tesco PLC (LON:TSCO) from 185.00GBX to 185.00GBX reporting a possible upside of 0.03%.

Previously on Monday September 26, 2016, Credit Suisse reported on Tesco PLC (LON:TSCO) increased the target price from 115.00GBX to 130.00GBX. At the time, this indicated a possible downside of -0.27%.

Just yesterday Tesco PLC (LON:TSCO) traded 1.67% higher at 179.25GBX. The company’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% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 24,798,219 shares of the stock were exchanged, up from an average trading volume of 24,548,800

See Chart Below

Tesco PLC (LON:TSCO)

Tesco PLC has a 52 week low of 137.00GBX and a 52 week high of 205.90GBX with a P/E ratio of 107.62 The company’s market cap is currently 0 GBX.

In addition to Exane BNP Paribas reporting its target price, a total of 19 firms have issued a report on the stock. The consensus target price is 180.26GBX with 3 firms rating the stock a strong buy, 6 firms rating the stock a buy, 6 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 0 firms 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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