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Tesco PLC 19.5% 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 would imply the analyst believes there is now a potential upside of 19.5% from today’s opening price of 238.5 GBX. Over the last 30 and 90 trading days the company share price has increased 3.8 points and increased 3.9 points respectively. The 1 year high share price is 266.8 GBX while the 52 week low for the stock is 187.05 GBX.

Tesco PLC has a 50 day moving average of 241.14 GBX and a 200 Day Moving Average share price is recorded at 225.57. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 23,554,361. Market capitalisation for LON:TSCO is £23,100,684,977 GBP.