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Tesco PLC 17% Potential Upside Indicated by Kepler Cheuvreux

Tesco PLC with EPIC/TICKER (LON:TSCO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Kepler Cheuvreux. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Kepler Cheuvreux have set a target price of 289 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.0% from today’s opening price of 247 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.7 points and increased 2.6 points respectively. The 52 week high share price is 260.4 GBX while the 52 week low is 210.7 GBX.

Tesco PLC has a 50 day moving average of 244.99 GBX and a 200 Day Moving Average share price is recorded at 238.54. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 24,628,612. Market capitalisation for LON:TSCO is £24,263,387,729 GBP.

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