The stock was bought at an average cost of GBX 194 ($2.63) per share, for a total transaction of GBX 2,522 ($34.20). S&P Global Inc.'s price objective indicates a potential upside of 2.43% from the stock's current price. Shore Capital restated a buy rating on shares of Tesco in a research report on Wednesday, November 22nd. Goldman Sachs Group raised Tesco to a buy rating and increased their price target for the stock from GBX 155 ($2.10) to GBX 220 ($2.98) in a research note on Tuesday, December 5th. Deutsche Bank reaffirmed a "buy" rating on shares of Tesco in a research report on Tuesday, November 21st. reaffirmed a "buy" rating and issued a GBX 225 ($3.05) price objective on shares of Tesco in a research report on Monday, September 25th.
A number of other equities research analysts have also issued reports on TSCO. Finally, Credit Suisse Group boosted their price objective on shares of Tesco from GBX 160 ($2.17) to GBX 165 ($2.24) and gave the stock an "underperform" rating in a research report on Monday, October 30th. They issued a hold rating and a GBX 180 ($2.44) target price for the company. The shares were purchased at an average price of GBX 209 ($2.83) per share, for a total transaction of £137.94 ($187.06).
Shares of Tesco PLC (LON:TSCO) opened at 195.25 on Tuesday. (The) reiterated a "sell" rating and issued a GBX 150 ($1.87) price target on shares of Tesco PLC in a report on Monday. The company has a 50 day moving average price of GBX 203.91 and a 200 day moving average price of GBX 188.94. Tesco has a twelve month low of GBX 165.35 ($2.24) and a twelve month high of GBX 217.10 ($2.94). The firm's market cap is GBX 15.90 billion. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services.