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Tesco PLC 16.9% Potential Upside Indicated by Citigroup

Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Citigroup have set a target price of 290 GBX on its stock. This is indicating the analyst believes there is a potential upside of 16.9% from the opening price of 248 GBX. Over the last 30 and 90 trading days the company share price has increased 8.2 points and increased 41.4 points respectively. The 52 week high for the share price is currently at 250.5 GBX while the 52 week low for the stock is 165.35 GBX.

Tesco PLC has a 50 day moving average of 227.09 GBX and the 200 Day Moving Average price is recorded at 204.09. There are currently 9,833,368,592 shares in issue with the average daily volume traded being 46,407,840. Market capitalisation for LON:TSCO is £24,553,921,074 GBP.