LON:TSCOTesco Share Price, Forecast & News

Tesco's stock was trading at GBX 232.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TSCO stock has decreased by 4.6% and is now trading at GBX 221.50. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tesco.

Tesco announced a dividend on Wednesday, April 8th. Stockholders of record on Thursday, May 21st will be given a dividend of GBX 6.50 per share on Friday, July 3rd. This represents a dividend yield of 2.92%. The ex-dividend date is Thursday, May 21st. This is an increase from Tesco's previous dividend of GBX 2.65. The official announcement can be seen at this link. View Tesco's dividend history.

14 brokerages have issued 1-year price objectives for Tesco's stock. Their forecasts range from GBX 265 to GBX 310. On average, they anticipate Tesco's stock price to reach GBX 283.55 in the next year. This suggests a possible upside of 28.0% from the stock's current price. View analysts' price targets for Tesco.

News stories about TSCO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tesco earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news articles about the retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Tesco.

Some companies that are related to Tesco include Woolworths Group (WOW), Wesfarmers (WES), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold (ADRNY), Kroger (KR), Loblaw Companies (L), China Resources Beer Holdings CoLtd (CRHKY), Ocado Group (OCDO), George Weston (WN), Metro (MRU), George Weston (WNGRF), Alimentation Couche-Tard (ATD.A), Empire (EMP.A), J Sainsbury (SBRY) and WM Morrison Supermarkets (MRW). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tesco investors own include Booker Group (BOK), WM Morrison Supermarkets (MRW), Lloyds Banking Group (LLOY), Royal Bank of Scotland Group (RBS), Centamin (CEY), Tesco (TSCDY), Glencore (GLEN), Imperial Brands (IMB), Tullow Oil (TLW) and Vodafone Group (VOD).

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

Shares of TSCO 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.

One share of TSCO stock can currently be purchased for approximately GBX 221.50.

Tesco has a market capitalization of £21.69 billion and generates £64.76 billion in revenue each year.

The official website for Tesco is www.tescoplc.com.

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