Barclays Capital Maintains The “Overweight” Rating They’ve had for Tesco PLC (LON:TSCO) Shares

Tesco PLC (LON:TSCO) Logo

Investors sentiment decreased to 1 in 2019 Q1. Its down 0.02, from 1.02 in 2018Q4. It is negative, as 48 investors sold Tesco PLC shares while 186 reduced holdings. 76 funds opened positions while 158 raised stakes. 95.15 million shares or 3.31% less from 98.40 million shares in 2018Q4 were reported.

24,384 are owned by Asset. Hightower Advsr Ltd Liability stated it has 7,193 shares. Goldman Sachs Gru Incorporated invested in 0.03% or 923,598 shares. Allstate invested in 6,025 shares or 0.02% of the stock. Guardian Life Ins Of America holds 0% or 345 shares in its portfolio. Plante Moran Ltd Liability Com holds 102 shares. 232,519 are owned by California Pub Employees Retirement Sys. D E Shaw Inc reported 0.01% in Tesco PLC (LON:TSCO). Livforsakringsbolaget Skandia Omsesidigt stated it has 1,049 shares. The California-based Kayne Anderson Rudnick Invest Management Limited Liability Company has invested 0.14% in Tesco PLC (LON:TSCO). 8,888 were accumulated by Gsa Capital Prns Llp. Royal National Bank & Trust Of Canada holds 0.01% or 343,319 shares in its portfolio. Delta Asset Mngmt Ltd Liability Tn holds 0.02% or 1,258 shares. Comerica Comml Bank owns 33,445 shares. Earnest Prtn Ltd holds 66 shares or 0% of its portfolio.

Tesco PLC (LON:TSCO) Rating Reaffirmed

Tesco PLC (LON:TSCO) shares have had their “Overweight” Rating reconfirmed by research professionals at Barclays Capital in a report revealed to clients and investors on Friday morning.

Tesco PLC (LON:TSCO) Ratings Coverage

Among 3 analysts covering Tesco PLC (LON:TSCO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tesco PLC has GBX 315 highest and GBX 265 lowest target. GBX 290’s average target is 36.34% above currents GBX 212.7 stock price. Tesco PLC had 34 analyst reports since February 19, 2019 according to SRatingsIntel. The stock of Tesco PLC (LON:TSCO) earned “Buy” rating by HSBC on Wednesday, June 12. On Tuesday, April 23 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Deutsche Bank on Thursday, May 30 with “Buy”. The stock has “Buy” rating by Jefferies on Thursday, March 7. Goldman Sachs maintained Tesco PLC (LON:TSCO) on Wednesday, April 17 with “Buy” rating. Jefferies maintained it with “Buy” rating and GBX 265 target in Wednesday, February 20 report. The firm has “Overweight” rating by JP Morgan given on Thursday, April 11. On Tuesday, June 11 the stock rating was maintained by UBS with “Buy”. The stock has “Buy” rating by Goldman Sachs on Friday, June 14. The stock of Tesco PLC (LON:TSCO) earned “Buy” rating by UBS on Tuesday, February 19.

The stock decreased 0.19% or GBX 0.4 during the last trading session, reaching GBX 212.7. About 2.47 million shares traded. Tesco PLC (LON:TSCO) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Analysts await Tesco PLC (LON:TSCO) to report earnings on October, 24. They expect $1.05 earnings per share, up 10.53 % or $0.10 from last year’s $0.95 per share. TSCO’s profit will be $102.83 million for 50.64 P/E if the $1.05 EPS becomes a reality. After $1.80 actual earnings per share reported by Tesco PLC for the previous quarter, Wall Street now forecasts -41.67 % negative EPS growth.

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company has market cap of 20.83 billion GBP. The firm also provides retail banking and insurance services. It has a 15.64 P/E ratio. It has activities in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally.

More notable recent Tesco PLC (LON:TSCO) news were published by: Finance.Yahoo.com which released: “Update: Tesco (LON:TSCO) Stock Gained 34% In The Last Three Years – Yahoo Finance” on May 30, 2019, also Finance.Yahoo.com with their article: “Does Tesco (LON:TSCO) Have A Healthy Balance Sheet? – Yahoo Finance” published on July 25, 2019, Finance.Yahoo.com published: “Do Tesco PLC’s (LON:TSCO) Returns On Capital Employed Make The Cut? – Yahoo Finance” on May 16, 2019. More interesting news about Tesco PLC (LON:TSCO) were released by: Finance.Yahoo.com and their article: “If You Like EPS Growth Then Check Out Tesco (LON:TSCO) Before It’s Too Late – Yahoo Finance” published on June 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Tractor Supply Company’s (NASDAQ:TSCO) Balance Sheet A Threat To Its Future? – Yahoo Finance” with publication date: June 13, 2019.

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