Tesco PLC (LON:TSCO) traded down 0% on Thursday . The stock traded as low as GBX 207.80 ($2.78) and last traded at GBX 208.40 ($2.79). 9,499,985 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 30,760,000 shares. The stock had previously closed at GBX 208.40 ($2.79).
Several research analysts have recently issued reports on the company. Deutsche Bank restated a “buy” rating on shares of Tesco in a research note on Tuesday, December 19th. Goldman Sachs Group upgraded Tesco to a “buy” rating and lifted their price target for the company from GBX 155 ($2.07) to GBX 220 ($2.94) in a research report on Tuesday, December 5th. Berenberg Bank reiterated a “hold” rating and set a GBX 190 ($2.54) price target on shares of Tesco in a research report on Friday, November 24th. Shore Capital reiterated a “buy” rating on shares of Tesco in a research report on Wednesday, November 22nd. Finally, Credit Suisse Group raised their price objective on Tesco from GBX 160 ($2.14) to GBX 165 ($2.21) and gave the company an “underperform” rating in a report on Monday, October 30th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 205.29 ($2.74).
The stock has a market cap of $16,940.00 and a price-to-earnings ratio of 3,473.33.
TRADEMARK VIOLATION WARNING: “Tesco (TSCO) Shares Down 0%” was first posted by Week Herald and is the property of of Week Herald. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://weekherald.com/2017/12/28/tesco-tsco-shares-down-0.html.
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.
Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.