Tesco PLC 30.8% 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 their target price at 295 GBX on its stock. This is indicating the analyst believes there is a potential upside of 30.8% from today’s opening price of 225.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.3 points and decreased 1 points respectively. The 1 year high stock 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 242.62 GBX and the 200 Day Moving Average price is recorded at 226.76. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 21,943,970. Market capitalisation for LON:TSCO is £22,005,986,473 GBP.

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