Home » Reports » Tesco PLC 6.8% Potential Upside Indicated by Goldman Sachs

Tesco PLC 6.8% Potential Upside Indicated by Goldman Sachs

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 Goldman Sachs. Tesco PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 220 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.8% from today’s opening price of 206 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.3 points and decreased 2.7 points respectively. The 52 week high share price is 217.31 GBX while the year low share price is currently 165.35 GBX.

Tesco PLC has a 50 day moving average of 208.14 GBX and a 200 Day Moving Average share price is recorded at 194.37. There are currently 9,766,303,598 shares in issue with the average daily volume traded being 52,154,924. Market capitalisation for LON:TSCO is £19,952,558,549 GBP.

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