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Tesco PLC 18.7% Potential Upside Indicated by Goldman Sachs

Tesco PLC with EPIC/TICKER (LON:TSCO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 280 GBX on its stock. This now indicates the analyst believes there is a possible upside of 18.7% from the opening price of 235.8 GBX. Over the last 30 and 90 trading days the company share price has increased 0.1 points and increased 15.7 points respectively. The 1 year high share price is 254.1 GBX while the 52 week low is 187.05 GBX.

Tesco PLC has a 50 day moving average of 241.12 GBX and a 200 day moving average of 235.96. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 20,504,686. Market capitalisation for LON:TSCO is £23,044,097,706 GBP.

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