Tesco PLC (LON:TSCO - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 442.73 ($6.01) and last traded at GBX 442.40 ($6.00), with a volume of 42335641 shares changing hands. The stock had previously closed at GBX 441 ($5.98).
Wall Street Analysts Forecast Growth
A number of research analysts have commented on TSCO shares. Citigroup raised their target price on shares of Tesco from GBX 395 to GBX 460 and gave the company a "buy" rating in a research report on Friday, July 18th. JPMorgan Chase & Co. raised their price target on shares of Tesco from GBX 400 to GBX 450 and gave the company an "overweight" rating in a report on Monday, September 1st. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of GBX 455.
Check Out Our Latest Report on Tesco
Tesco Price Performance
The stock has a fifty day moving average of GBX 421.60 and a 200-day moving average of GBX 386.35. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. The stock has a market capitalization of £28.49 billion, a price-to-earnings ratio of 1,866.87, a P/E/G ratio of 1.43 and a beta of 0.51.
Tesco Company Profile
(
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Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children's groups, food banks and other good causes.
In challenging times, our purpose has guided every part of the Group.
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