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Tesco PLC 1.9% Potential Upside Indicated by Independent Research

Tesco PLC using EPIC/TICKER code (LON:TSCO) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Independent Research. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Independent Research have set a target price of 240 GBX on its stock. This indicates the analyst now believes there is a potential upside of 1.9% from the opening price of 235.6 GBX. Over the last 30 and 90 trading days the company share price has increased 25.3 points and increased 30.8 points respectively. The 1 year high share price is 236.9 GBX while the 52 week low for the share price is 165.35 GBX.

Tesco PLC has a 50 day moving average of 208.67 GBX and the 200 Day Moving Average price is recorded at 195.51. There are currently 9,766,303,602 shares in issue with the average daily volume traded being 58,790,773. Market capitalisation for LON:TSCO is £22,920,049,370 GBP.

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