Exane BNP Paribas downgraded Tesco PLC (OTCMKTS:TSCDY) from Outperform to Neutral in a report released today.
- Updated: October 6, 2016
Yesterday Tesco PLC (OTCMKTS:TSCDY) traded -2.81% lower at $7.84. The company’s 50-day moving average is $6.69 and its 200-day moving average is $6.96. The last stock close price is up 9.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 15,659 shares of the stock were exchanged, down from an average trading volume of 172,591
Exane BNP Paribas has downgraded Tesco PLC (OTCMKTS:TSCDY) from Outperform to Neutral in a report released on Thursday October 06, 2016.
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Tesco PLC has a 52 week low of $6.00 and a 52 week high of $9.38 with a P/E ratio of 115.45 The company’s market cap is currently $0.
In addition to Exane BNP Paribas reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $6.65 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Tesco PLC (OTCMKTS:TSCDY)
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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