Goldman Sachs Group Reiterates “Buy” Rating for Tesco (TSCO)

Goldman Sachs Group restated their buy rating on shares of Tesco (LON:TSCO) in a research report report published on Tuesday morning.

TSCO has been the topic of several other reports. Shore Capital reaffirmed a buy rating on shares of Tesco in a research report on Tuesday, January 23rd. Deutsche Bank reaffirmed a buy rating and issued a GBX 240 ($3.32) target price on shares of Tesco in a research report on Tuesday, January 2nd. Jefferies Group reaffirmed a hold rating and issued a GBX 185 ($2.56) target price on shares of Tesco in a research report on Tuesday, January 2nd. Finally, Credit Suisse Group increased their target price on Tesco from GBX 160 ($2.21) to GBX 165 ($2.28) and gave the stock an underperform rating in a research report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Tesco currently has a consensus rating of Hold and a consensus target price of GBX 204 ($2.82).

Tesco (TSCO) opened at GBX 204.60 ($2.83) on Tuesday. The firm has a market capitalization of $16,730.00 and a price-to-earnings ratio of 3,410.00. Tesco has a 52-week low of GBX 165.35 ($2.28) and a 52-week high of GBX 217.10 ($3.00).

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Tesco Company Profile

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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