Tesco PLC with ticker (LON:TSCO) now has a potential downside of -13.5% according to JP Morgan.
JP Morgan set a target price of 240 GBX for the company, which when compared to the Tesco PLC share price of 278 GBX at opening today (09/11/2023) indicates a potential downside of -13.5%. Trading has ranged between 220 (52 week low) and 307 (52 week high) with an average of 19,627,608 shares exchanging hands daily. The market capitalisation at the time of writing is £19,683,432,975.
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of retailing and associated activities (Retail) and retail banking and insurance services. The Company’s segments include UK & ROI, Central Europe and Central Europe. The UK & ROI segment includes United Kingdom and Republic of Ireland. The Central Europe segment includes Czech Republic, Hungary and Slovakia. The Tesco Bank segment includes retail banking and insurance services. The Company’s businesses include Tesco UK & ROI, Tesco Bank, Booker, dunnhumby, Tesco Czech Republic, Tesco Hungary and Tesco Slovakia.
Tesco PLC -13.5% potential downside indicated by JP Morgan
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Tesco PLC reports strong 2024/25 interim results with sales and profit growth driven by enhanced customer offerings and market share gains.
