In a report released on October 3, Benjamin Zoega from Deutsche Bank reiterated a Buy rating on Tesco plc, with a price target of p495.00. The company’s shares opened today at p448.70.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Zoega is a 3-star analyst with an average return of 9.1% and a 78.57% success rate.
Tesco plc has an analyst consensus of Strong Buy, with a price target consensus of p470.11, a 4.77% upside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a £5.00 price target.
TSCO market cap is currently £29.04B and has a P/E ratio of 19.54.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSCO in relation to earlier this year.
Read More on GB:TSCO:
Disclaimer & DisclosureReport an Issue
- Tesco Advances Shareholder Value with Strategic Buyback
- Tesco Advances Share Buyback Program with Latest Purchase
- Tesco PLC Publishes Supplement to £15 Billion Euro Note Programme
- Tesco Continues Share Buyback Program with Latest Purchase
- Tesco Reports Strong Interim Results Amid Strategic Investments
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg)