Todays Report: The Tesco PLC (TSCDY) gets Neutral status at BNP Paribas

The Tesco PLC (TSCDY) gets Neutral status at BNP Paribas

BNP Paribas downgraded shares of Tesco PLC (NASDAQ:TSCDY) from an outperform rating to a neutral rating in a report released on Thursday morning.

Several other analysts also recently weighed in on TSCDY. HSBC downgraded shares of Tesco PLC from a buy rating to a hold rating in a research report on Wednesday, July 6th. Zacks Investment Research downgraded shares of Tesco PLC from a buy rating to a hold rating in a research report on Wednesday, July 20th. Goldman Sachs Group Inc. reissued a sell rating on shares of Tesco PLC in a research report on Tuesday, August 23rd. Shore Capital reissued a hold rating on shares of Tesco PLC in a research report on Wednesday, October 5th. Finally, Deutsche Bank AG reissued a hold rating on shares of Tesco PLC in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of $7.75.

Shares of Tesco PLC (NASDAQ:TSCDY) opened at 7.28 on Thursday. Tesco PLC has a 12 month low of $6.00 and a 12 month high of $9.11. The stock’s 50 day moving average is $6.84 and its 200 day moving average is $6.93. The company has a market capitalization of $19.76 billion and a P/E ratio of 37.92.

Tesco PLC Company Profile

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