Tesco (TSCO) Stock Rating Reaffirmed by UBS Group

UBS Group reissued their buy rating on shares of Tesco (LON:TSCO) in a research report sent to investors on Wednesday morning, www.digitallook.com reports.

A number of other equities analysts have also weighed in on TSCO. Goldman Sachs Group restated a buy rating on shares of Tesco in a research report on Tuesday. Deutsche Bank restated a buy rating and set a GBX 240 ($3.32) price target on shares of Tesco in a research report on Wednesday, February 7th. Beaufort Securities restated a hold rating and set a GBX 225 ($3.11) price target (up from GBX 210 ($2.90)) on shares of Tesco in a research report on Monday, January 29th. Shore Capital restated a buy rating on shares of Tesco in a research report on Monday, February 5th. Finally, Berenberg Bank restated a hold rating and set a GBX 190 ($2.63) price target on shares of Tesco in a research report on Friday, November 24th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 204 ($2.82).

Shares of Tesco (LON:TSCO) opened at GBX 203.80 ($2.82) on Wednesday. Tesco has a 52-week low of GBX 165.35 ($2.28) and a 52-week high of GBX 217.10 ($3.00). The stock has a market cap of $16,650.00 and a PE ratio of 3,396.67.

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About Tesco

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.

Analyst Recommendations for Tesco (LON:TSCO)

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