Tesco PLC 18.4% Potential Upside Indicated by Deutsche Bank

Broker Ratings

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 Deutsche Bank. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set a target price of 300 GBX on its stock. This would imply the analyst believes there is now a potential upside of 18.4% from today’s opening price of 253.3 GBX. Over the last 30 and 90 trading days the company share price has increased 20.5 points and increased 32.1 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 234.45 GBX and a 200 Day Moving Average share price is recorded at 229.13. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 23,120,171. Market capitalisation for LON:TSCO is £24,723,681,769 GBP.

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