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Tesco PLC 28.6% Potential Upside Indicated by Jefferies International

Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Jefferies International have set their target price at 310 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 28.6% from the opening price of 241 GBX. Over the last 30 and 90 trading days the company share price has increased 3.3 points and increased 15 points respectively. The 52 week high for the share price is currently at 254.1 GBX while the 52 week low is 187.05 GBX.

Tesco PLC has a 50 day moving average of 239.71 GBX and a 200 Day Moving Average share price is recorded at 236.06. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 20,358,947. Market capitalisation for LON:TSCO is £23,918,290,112 GBP.