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Tesco PLC 16.8% Potential Upside Indicated by Barclays Capital

Tesco PLC using EPIC/TICKER code (LON:TSCO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set their target price at 280 GBX on its stock. This would imply the analyst believes there is now a potential upside of 16.8% from the opening price of 239.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.1 points and decreased 9.7 points respectively. The 1 year high stock price is 266.8 GBX while the year low stock price is currently 175.2 GBX.

Tesco PLC has a 50 day moving average of 257.62 GBX and a 200 day moving average of 232.42. There are currently 9,792,623,696 shares in issue with the average daily volume traded being 26,832,035. Market capitalisation for LON:TSCO is £23,424,938,391 GBP.