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Tesco (TSCO) Stock Forecast & Price Target

GBX 314.60
+2.70 (+0.87%)
(As of 06:06 AM ET)

Tesco - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Consensus Price Target

GBX 313.33
High ForecastGBX 350
Average ForecastGBX 313.33
Low ForecastGBX 240
TypeCurrent Forecast
5/23/23 to 5/22/24
1 Month Ago
4/23/23 to 4/22/24
3 Months Ago
2/22/23 to 2/22/24
1 Year Ago
5/23/22 to 5/23/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
6 Buy rating(s)
Hold
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 313.33GBX 308.33GBX 295GBX 312
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TSCO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TSCO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Tesco Stock vs. The Competition

TypeTescoConsumer Defensive Companies
Consensus Rating Score
2.50
2.41
Consensus RatingModerate BuyHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/15/2024JPMorgan Chase & Co.
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 Boost TargetUnderweightGBX 220 ➝ GBX 240-22.76%
5/3/2024Barclays
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 Reiterated RatingOverweightGBX 350+16.82%
4/11/2024Jefferies Financial Group
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 Reiterated RatingBuyGBX 350+24.85%
4/10/2024Shore Capital
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 Reiterated RatingBuy
7/5/2022Berenberg Bank
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 Reiterated RatingBuyGBX 320+24.82%
6/17/2022UBS Group
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Sreedhar Mahamkali
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Reiterated RatingBuyGBX 330+32.03%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:28 AM ET.

TSCO Frequently Asked Questions

What is Tesco's stock forecast and purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Tesco is GBX 313.33, with a high forecast of GBX 350 and a low forecast of GBX 240. The consensus rating for Tesco stock is Moderate Buy based on the current 1 sell rating and 3 buy ratings for TSCO. Learn more on TSCO's analyst rating history.

Do Wall Street analysts like Tesco more than its competitors?

Analysts like Tesco more than other "consumer defensive" companies. The consensus rating for Tesco is Moderate Buy while the average consensus rating for "consumer defensive" companies is Hold. Learn more on how TSCO compares to other companies.

Does Tesco's stock price have much upside?

According to analysts, Tesco's stock has a predicted upside of 5.54% based on their 12-month stock forecasts.

What analysts cover Tesco?

Tesco has been rated by research analysts at Barclays, Jefferies Financial Group, JPMorgan Chase & Co., and Shore Capital in the past 90 days.


Stock Forecasts and Research Tools

This page (LON:TSCO) was last updated on 5/22/2024 by MarketBeat.com Staff

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