# Tesco PLC -13.5% potential downside indicated by JP Morgan

- Link: https://www.directorstalkinterviews.com/tesco-plc-13.5-potential-downside-indicated-by-jp-morgan/4121132500
- Published: 2023-11-09T12:57:28+00:00
- Author: Charlotte Edwards

**[Tesco PLC](https://www.directorstalkinterviews.com/ftse-company/tesco-plc/tsco.l)**
with ticker (LON:TSCO) now has a potential downside of -13.5% according to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds).

JP Morgan set a target price of 240 GBX for the company, which when compared to 
the Tesco PLC share price of 278 GBX at opening today (09/11/2023) indicates a potential
downside of -13.5%. Trading has ranged between 220 (52 week low) and 307 (52 week
high) with an average of 19,627,608 shares exchanging hands daily. The market capitalisation
at the time of writing is £19,683,432,975.Tesco PLC (Tesco) is a retail company.
The Company is engaged in the business of retailing and associated activities (Retail)
and retail banking and insurance services. The Company’s segments include UK & ROI,
Central Europe and Central Europe. The UK & ROI segment includes United Kingdom 
and Republic of Ireland. The Central Europe segment includes Czech Republic, Hungary
and Slovakia. The Tesco Bank segment includes retail banking and insurance services.
The Company’s businesses include Tesco UK & ROI, Tesco Bank, Booker, dunnhumby, 
Tesco Czech Republic, Tesco Hungary and Tesco Slovakia.

Share on: