Tesco PLC with ticker (LON:TSCO) now has a potential upside of 16.6% according to Barclays.
Barclays set a target price of 350 GBX for the company, which when compared to the Tesco PLC share price of 300 GBX at opening today (03/05/2024) indicates a potential upside of 16.6%. Trading has ranged between 244 (52 week low) and 306 (52 week high) with an average of 15,865,829 shares exchanging hands daily. The market capitalisation at the time of writing is £21,032,321,980.
Tesco PLC is a United Kingdom-based 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 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 Company’s businesses include Tesco UK & ROI, Tesco Bank, Booker, dunnhumby, Tesco Czech Republic, Tesco Hungary and Tesco Slovakia. Booker is food and drink wholesaler.
Tesco PLC 16.6% potential upside indicated by Barclays
- Written by: Charlotte Edwards
Latest Company News
In its preliminary results for the 53 weeks ended 28 February 2026, Tesco reported statutory revenue of £73.7bn, operating profit of £3.0bn and diluted EPS of 27.1p. On a comparable 52-week basis, the retailer said sales and adjusted EPS increased, supported by market share gains, online growth and continued cost savings.
Over the 19 weeks to 3 January 2026, TESCO PLC achieved Group like-for-like sales growth of 2.9%, with particularly strong performance in the UK and ROI. Growth was driven by fresh food, own-brand innovation, online momentum and improved customer satisfaction.
Tesco reported group sales of £33.1bn for H1 2025/26, up 5.1% year-on-year, with adjusted operating profit rising 1.6% to £1.67bn. Adjusted diluted EPS increased 6.8% to 15.43p, and the interim dividend was lifted 12.9% to 4.80p.
Tesco Plc's Q1 Trading Statement for 2025/26 reveals strong performance with increased customer satisfaction and market share gains across the UK and ROI.
Tesco Plc has revealed its impressive Preliminary Results for 2024/25, showcasing strong sales growth and robust operating profit, positioning the brand for future success.
Tesco Plc (LON:TSCO) reports a strong Q3 and Christmas trading performance for 2024/25, marking significant sales growth and increased market share.
