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Tesco PLC 28.5% Potential Upside Indicated by Deutsche Bank

Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set a target price of 240 GBX on its stock. This now indicates the analyst believes there is a possible upside of 28.5% from the opening price of 186.8 GBX. Over the last 30 and 90 trading days the company share price has increased 9.85 points and increased 19.2 points respectively. The 1 year high for the stock price is 219.4 GBX while the 52 week low for the share price is 165.35 GBX.

Tesco PLC has a 50 day moving average of 180.98 GBX and a 200 day moving average of 187.71. There are currently 8,189,388,964 shares in issue with the average daily volume traded being 17,227,523. Market capitalisation for LON:TSCO is £15,285,494,001 GBP.

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