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Tesco PLC 16.7% Potential Upside Indicated by Berenberg

Broker Ratings
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Tesco PLC using EPIC/TICKER code (LON:TSCO) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 275 GBX on its stock. This would imply the analyst believes there is now a potential upside of 16.7% from today’s opening price of 235.6 GBX. Over the last 30 and 90 trading days the company share price has increased 2.5 points and decreased 9 points respectively. The 52 week high share price is 260.4 GBX while the year low stock price is currently 203.7 GBX.

Tesco PLC has a 50 day moving average of 237.22 GBX and a 200 day moving average of 239.86. There are currently 702,741,878 shares in issue with the average daily volume traded being 39,719,338. Market capitalisation for LON:TSCO is £23,494,597,652 GBP.

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