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Tesco PLC 20.7% 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’ today by analysts at Goldman Sachs. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 276 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.7% from today’s opening price of 228.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.1 points and decreased 0.8 points respectively. The 52 week high for the stock is 266.8 GBX while the year low share price is currently 187.05 GBX.

Tesco PLC has a 50 day moving average of 241.59 GBX and a 200 Day Moving Average share price is recorded at 225.71. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 21,993,919. Market capitalisation for LON:TSCO is £22,003,018,656 GBP.