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Tesco PLC (LON:TSCO) target maintained at 240.00GBX, released a research note earlier today by Deutsche Bank

Just yesterday Tesco PLC (LON:TSCO) traded -0.35% lower at 183.75GBX. TSCO’s 50-day average is 185.88GBX and its two hundred day average is 180.38GBX. With the last close up 2.84% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Volume of trade was down over the average, with 22,425,125 shares of TSCO changing hands under the typical 23,493,100

Deutsche Bank hold steady the price target of Tesco PLC (LON:TSCO) at 240.00GBX reporting a possible upside of 0.31%.

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Tesco PLC has a 52 week low of 165.35GBX and a 52 week high of 219.40GBX with a P/E ratio of 22.08 The company’s market cap is currently 0 GBX.

In addition to Deutsche Bank reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is 180.26GBX with 3 equity analysts rating the company a strong buy, six equity analysts rating the company a buy, six equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis 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 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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