Home » Reports » Tesco PLC 23.8% Potential Upside Indicated by Morgan Stanley

Tesco PLC 23.8% Potential Upside Indicated by Morgan Stanley

Tesco PLC with EPIC/TICKER (LON:TSCO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Morgan Stanley have set their target price at 276 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.8% from today’s opening price of 223 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.7 points and decreased 3 points respectively. The 1 year high share price is 260.4 GBX while the year low stock price is currently 203.7 GBX.

Tesco PLC has a 50 day moving average of 234.89 GBX and the 200 Day Moving Average price is recorded at 241.62. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 31,784,055. Market capitalisation for LON:TSCO is £21,780,735,753 GBP.

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