TESCO ORD 6 1/3P with EPIC code (LON:TSCO) have now 14 analysts covering the company. The target price ranges between £3.00 and £2. with a mean TP of £2.70. Now with the previous closing price of £2.26 this would indicate that there is a potential upside of 19.5%. The day 50 moving average is £2.14 and the 200 moving average now moves to £2.70. The company has a market cap of £18b. Company Website: http://www.tesco.com
Tesco , together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand. The company serves its customers through stores, as well as online. Tesco was founded in 1919 and is headquartered in Welwyn Garden City, the United Kingdom.