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Tesco PLC 16.1% Potential Upside Indicated by Bernstein

Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Bernstein. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Bernstein have set a target price of 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 16.1% from today’s opening price of 249.8 GBX. Over the last 30 and 90 trading days the company share price has increased 10 points and increased 43.8 points respectively. The 1 year high for the stock price is 251.21 GBX while the 52 week low for the stock is 165.35 GBX.

Tesco PLC has a 50 day moving average of 227.88 GBX and a 200 Day Moving Average share price is recorded at 204.46. There are currently 9,603,789,936 shares in issue with the average daily volume traded being 46,847,591. Market capitalisation for LON:TSCO is £24,076,701,076 GBP.