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Tesco PLC 19.3% Potential Upside Indicated by Deutsche Bank

Tesco PLC using EPIC/TICKER code (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set a target price of 285 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.3% from today’s opening price of 238.9 GBX. Over the last 30 and 90 trading days the company share price has increased 13.9 points and increased 3.9 points respectively. The 52 week high for the share price is currently at 254.1 GBX while the 52 week low for the share price is 187.05 GBX.

Tesco PLC has a 50 day moving average of 228.31 GBX and a 200 day moving average of 231.47. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 24,759,861. Market capitalisation for LON:TSCO is £23,220,144,833 GBP.