Tesco PLC 15% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Tesco PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 280 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.0% from today’s opening price of 243.5 GBX. Over the last 30 and 90 trading days the company share price has increased 15.2 points and increased 27.1 points respectively. The 1 year high for the share price is 266.8 GBX while the 52 week low for the share price is 187.05 GBX.

Tesco PLC has a 50 day moving average of 231.31 GBX and a 200 day moving average of 229.67. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 24,047,515. Market capitalisation for LON:TSCO is £24,189,936,505 GBP.

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