Tesco PLC 14.7% Potential Upside Indicated by Credit Suisse

Broker Ratings

Tesco PLC using EPIC/TICKER code (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Credit Suisse. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 265 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.7% from today’s opening price of 231.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.2 points and decreased 9 points respectively. The 52 week high for the stock is 260.4 GBX while the 52 week low is 203.7 GBX.

Tesco PLC has a 50 day moving average of 236.02 GBX and a 200 Day Moving Average share price is recorded at 241.68. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 26,157,460. Market capitalisation for LON:TSCO is £22,143,096,322 GBP.

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