Tesco PLC 22.4% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Tesco PLC using EPIC/TICKER code (LON:TSCO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today 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 295 GBX on its stock. This is indicating the analyst believes there is a potential upside of 22.4% from the opening price of 241 GBX. Over the last 30 and 90 trading days the company share price has increased 27.3 points and increased 9.9 points respectively. The 1 year high for the stock price is 254.1 GBX while the 52 week low is 187.05 GBX.

Tesco PLC has a 50 day moving average of 227.88 GBX and a 200 day moving average of 229.90. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 21,514,094. Market capitalisation for LON:TSCO is £23,475,010,957 GBP.

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