Tesco (TSCO) Share Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month target prices for Tesco's shares. Their TSCO share price forecasts range from GBX 250 to GBX 310. On average, they predict the company's stock price to reach GBX 290 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts.

Tesco's stock was trading at GBX 224.20 on January 1st, 2023. Since then, TSCO shares have increased by 20.8% and is now trading at GBX 270.90.
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Tesco announced a dividend on Thursday, April 13th. Stockholders of record on Thursday, May 11th will be given a dividend of GBX 7.05 per share on Friday, June 23rd. This represents a dividend yield of 2.63%. The ex-dividend date is Thursday, May 11th. This is a positive change from the stock's previous dividend of GBX 3.85. The official announcement can be seen at this link.
Read our dividend analysis for TSCO.

Tesco (LON:TSCO) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 4.03%. TSCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 11,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TSCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tesco investors own include Booker Group (BOK), Lloyds Banking Group (LLOY), Wm Morrison Supermarkets (MRW), Royal Bank of Scotland Group (RBS), Centamin (CEY), Barclays (BARC), Glencore (GLEN), Bank of America (BAC), Tesco (TSCDY) and BP (BP).

Tesco trades on the London Stock Exchange (LON) under the ticker symbol "TSCO."

Shares of TSCO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of TSCO stock can currently be purchased for approximately GBX 270.90.

Tesco (LON:TSCO) has a market capitalization of £19.29 billion and generates £65.76 billion in revenue each year. The retailer earns £754 million in net income (profit) each year or GBX 0.10 on an earnings per share basis.

The company employs 330,000 workers across the globe.

Tesco's mailing address is Cirrus a, Shire Park, Kestrel Way, WELWYN GARDEN CITY, AL7 1GA, United Kingdom. The official website for the company is www.tescoplc.com. The retailer can be reached via phone at +44-1992-632222.