It’s been a crucial week for Tesco PLC (LON:TSCO); here’s what analysts have to say.

March 17, 2018 - By Lynda A. Deweese

 It's been a crucial week for Tesco PLC (LON:TSCO); here's what analysts have to say.
Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.13, from 0.9 in 2017Q2. It is positive, as 57 investors sold Tesco PLC shares while 152 reduced holdings. 71 funds opened positions while 145 raised stakes. 109.48 million shares or 0.29% more from 109.17 million shares in 2017Q2 were reported.
United Fire Group has 8,000 shares for 0.17% of their portfolio. 31,676 were reported by Citigroup Inc. Credit Suisse Ag has 179,814 shares for 0.01% of their portfolio. Kentucky Retirement Fund reported 0.04% of its portfolio in Tesco PLC (LON:TSCO). Bath Savings Tru Company invested 0.46% in Tesco PLC (LON:TSCO). United Capital Financial Advisers Limited Liability Corp accumulated 21,041 shares. Caisse De Depot Et Placement Du Quebec reported 0% of its portfolio in Tesco PLC (LON:TSCO). Alps Advsrs Inc invested 0% in Tesco PLC (LON:TSCO). Sei Invests invested 0.02% of its portfolio in Tesco PLC (LON:TSCO). Tiverton Asset Management Limited Liability Corporation has invested 0.3% in Tesco PLC (LON:TSCO). Thrivent Financial For Lutherans has 0% invested in Tesco PLC (LON:TSCO) for 5,030 shares. Cornerstone Capital Management Limited Com invested in 21,752 shares. Plante Moran Fincl Limited Liability accumulated 0% or 121 shares. Ahl Ptnrs Llp stated it has 17,534 shares or 0.02% of all its holdings. Vanguard Group Inc reported 12.45M shares.

Since December 18, 2017, it had 0 buys, and 2 selling transactions for $3.04 million activity. Barbarick Steve K also sold $2.97M worth of Tesco PLC (LON:TSCO) shares.

Tesco PLC (LON:TSCO) Ratings Coverage

Among 27 analysts covering Tesco PLC (LON:TSCO), 12 have Buy rating, 6 Sell and 9 Hold. Therefore 44% are positive. Tesco PLC had 339 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Tesco PLC (LON:TSCO) has “Buy” rating given on Monday, October 2 by HSBC. BNP Paribas maintained the stock with “Underperform” rating in Friday, January 20 report. HSBC maintained the stock with “Buy” rating in Wednesday, February 1 report. On Friday, August 7 the stock rating was maintained by Barclays Capital with “Equal Weight”. Societe Generale maintained Tesco PLC (LON:TSCO) on Thursday, January 14 with “Hold” rating. The firm has “Buy” rating by Deutsche Bank given on Monday, January 8. The firm earned “Equal Weight” rating on Friday, December 18 by Barclays Capital. The rating was maintained by Nomura with “Neutral” on Tuesday, February 16. The firm earned “Outperform” rating on Monday, February 8 by Bernstein. The rating was maintained by Credit Suisse with “Underperform” on Friday, October 28. Below is a list of Tesco PLC (LON:TSCO) latest ratings and price target changes.

15/03/2018 Broker: JP Morgan Rating: Overweight New Target: GBX 265.00 Reinitiate
13/03/2018 Broker: Shore Capital Rating: Buy Maintain
06/03/2018 Broker: Barclays Capital Rating: Overweight New Target: GBX 255.00 Reinitiate
05/03/2018 Broker: Jefferies Rating: Buy New Target: GBX 250.00 Upgrade
05/03/2018 Broker: Shore Capital Rating: Buy Maintain
01/03/2018 Broker: Shore Capital Rating: Buy Maintain
14/02/2018 Broker: UBS Rating: Buy Maintain
13/02/2018 Broker: Goldman Sachs Rating: Buy Maintain
12/02/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 240.00 New Target: GBX 240.00 Maintain
07/02/2018 Broker: Deutsche Bank Rating: Buy Maintain

The stock decreased 1.96% or GBX 4.2 during the last trading session, reaching GBX 209.8. About 56.84 million shares traded or 53.42% up from the average. Tesco PLC (LON:TSCO) has 0.00% since March 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company has market cap of 20.35 billion GBP. The firm also provides retail banking and insurance services. It has a 24.98 P/E ratio. It has activities in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally.

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