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Tesco PLC 38.7% Potential Upside Indicated by Macquarie

Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Macquarie. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Macquarie have set a target price of 250 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 38.7% from today’s opening price of 180.2 GBX. Over the last 30 and 90 trading days the company share price has increased 4.6 points and decreased 16.8 points respectively. The 52 week high for the stock is 219.4 GBX while the year low stock price is currently 143.08 GBX.

Tesco PLC has a 50 day moving average of 186.10 GBX and the 200 Day Moving Average price is recorded at 194.04. There are currently 8,220,432,078 shares in issue with the average daily volume traded being 32,028,173. Market capitalisation for LON:TSCO is £14,928,305,155 GBP.

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