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Exane BNP Paribas downgraded Tesco PLC (OTC:TSCDY) from Neutral to Underperform in a report released today.

Just yesterday Tesco PLC (OTC:TSCDY) traded -2.02% lower at $7.24. Tesco PLC’s 50-day moving average is $7.10 and its 200-day moving average is $6.98. The last closing price is up 4.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 86,168 shares of TSCDY traded hands, down from an average trading volume of 255,555

Exane BNP Paribas has downgraded Tesco PLC (OTC:TSCDY) from Neutral to Underperform in a report released on 9/13/2017.

Recent Performance Chart

Tesco PLC (OTC:TSCDY)

Tesco PLC has 52 week low of $6.30 and a 52 week high of $8.24 and has a market capitalization of $0.

In addition to Exane BNP Paribas reporting its stock price target, a total of 1 broker has issued a research note on Tesco PLC. The 12-month price target is $6.65 with zero analysts rating the company a strong buy, zero analysts rating the company 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 (OTC: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 and Thailand, 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 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. The Company offers a range of personal banking products, principally mortgages, credit cards, personal loans and savings.

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