How Analysts Feel About Tesco PLC After Today’s Huge Increase?

 How Analysts Feel About Tesco PLC After Today's Huge Increase?

The stock of Tesco PLC (LON:TSCO) is a huge mover today! The stock decreased 1.08% or GBX 2.34 on November 16, hitting GBX 214.66. About 32.35M shares traded hands. Tesco PLC (LON:TSCO) has risen 17.24% since April 19, 2016 and is uptrending. It has outperformed by 12.56% the S&P500.
The move comes after 6 months positive chart setup for the GBX 18.50B company. It was reported on Nov, 16 by We have GBX 257.59 PT which if reached, will make LON:TSCO worth GBX 3.70B more.

Tesco PLC (LON:TSCO) Ratings Coverage

Out of 25 analysts covering Tesco PLC (LON:TSCO), 7 rate it a “Buy”, 6 “Sell”, while 12 “Hold”. This means 28% are positive. Tesco PLC has been the topic of 195 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock of Tesco PLC (LON:TSCO) has “Buy” rating given on Monday, November 14 by HSBC. The firm has “Hold” rating by Deutsche Bank given on Wednesday, September 21. The rating was maintained by Societe Generale on Thursday, October 15 with “Hold”. The company was maintained on Friday, April 22 by Deutsche Bank. The firm earned “Buy” rating on Wednesday, July 29 by Deutsche Bank. Bryan Garnier & Cie maintained it with “Neutral” rating and GBX 166 target price in Thursday, January 14 report. The company was maintained on Thursday, September 17 by BNP Paribas. JP Morgan maintained it with “Underweight” rating and GBX 150 target price in Wednesday, April 27 report. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, November 16. The stock has “Underweight” rating given by J.P. Morgan on Sunday, October 4.

Tesco PLC is a retail company. The company has a market cap of 18.50 billion GBP. The Firm is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. It has a 73.14 P/E ratio. The Company’s divisions 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.

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