Macquarie disclosed Tesco PLC (LON:TSCO), supporting its stock price target at 250.00GBX earlier today
- Updated: September 18, 2016
Yesterday Tesco PLC (LON:TSCO) traded 2.67% higher at 173.28GBX. TSCO’s 50-day average is 161.84GBX and its 200-day moving average is 170.28GBX. The last close is up 2.08% from the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. 4,387,160 shares of Tesco PLC were exchanged, down from ann avg. trading volume of 26,015,700.
In a report released on 9/19/2016 Macquarie maintained the target price of Tesco PLC (LON:TSCO) at 250GBX reporting a possible upsideof 0.44%.
Previously on Wednesday September 14 2016, Morgan Stanley released a statement for Tesco PLC(LON:TSCO) raised the target price from 160.00GBX to 170.00GBX. At the time, this indicated a possible upside of 0.05%.
A total of 19 analysts have issued a report on the stock. Three analysts rate the company a strong buy, six firms rate the company a buy, six analyts rate the company a hold, seven firms rate the stock to underperform, and finally 0 analystsrate the company as sell with an average target stock price of 180.26GBX
With a market cap of 0.0 GBX, Tesco PLC has a one-year low of 137.00GBX and a 52 week high of 205.90GBX with a PE ratio of 102.
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, and Chokablok and Technika. Finest and Everyday Value are the two food brands in the United Kingdom.
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