Tesco PLC 10.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Tesco PLC with EPIC/TICKER (LON:TSCO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 277 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.7% from today’s opening price of 250.3 GBX. Over the last 30 and 90 trading days the company share price has increased 14.9 points and increased 31 points respectively. The 52 week high share price is 266.8 GBX while the year low stock price is currently 187.05 GBX.

Tesco PLC has a 50 day moving average of 233.33 GBX and a 200 Day Moving Average share price is recorded at 229.45. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 23,945,132. Market capitalisation for LON:TSCO is £24,521,935,979 GBP.

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