Tesco PLC (OTCMKTS:TSCDY) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Tesco has an average rating of "Moderate Buy" from six brokerages—four buy and two hold—with recent notes including Citigroup and Deutsche Bank reaffirming buys while Jefferies downgraded to hold and Zacks upgraded to hold from strong sell.
• Share performance & fundamentals: TSCDY opened at $18.47 (down 1.3%), with a 12‑month range of $12.16–$20.54 and 50/200‑day SMAs of $18.67/$18.25, and the company shows a current ratio of 0.60, quick ratio of 0.40 and debt‑to‑equity of 0.45.

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) has earned an average rating of "Moderate Buy" from the six brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several research firms have issued reports on TSCDY. Citigroup restated a "buy" rating on shares of Tesco in a research report on Thursday, December 11th. Zacks Research raised Tesco from a "strong sell" rating to a "hold" rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Tesco in a report on Wednesday, December 10th. Finally, Jefferies Financial Group downgraded Tesco from a "buy" rating to a "hold" rating in a report on Sunday, December 14th.

Tesco Stock Down 1.3%

OTCMKTS TSCDY opened at $18.47 on Tuesday. Tesco has a 12 month low of $12.16 and a 12 month high of $20.54. The company's 50 day simple moving average is $18.67 and its 200 day simple moving average is $18.25. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.45.

Tesco Company Profile

Tesco PLC is a British multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, Hertfordshire. Founded in 1919 by Jack Cohen as a market stall, the company expanded into a nationwide chain of supermarkets and has grown into one of the largest retailers in the United Kingdom. Tesco operates a range of store formats designed to serve different customer needs, including large-format hypermarkets, standard supermarkets and smaller convenience stores, along with an extensive online grocery and home delivery service.

The company's core activities include the retail sale of food and non-food products, development and distribution of own-label ranges (from value to premium), and provision of convenience and fuel forecourt services.

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