Tesco PLC (OTCMKTS:TSCDY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Tesco PLC (OTCMKTS:TSCDY) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several research analysts have recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Tesco in a research report on Thursday, December 11th. Jefferies Financial Group lowered shares of Tesco from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tesco in a research note on Wednesday, December 10th. Finally, Zacks Research lowered Tesco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th.

More Tesco News

Here are the key news stories impacting Tesco this week:

• Positive Sentiment: Tesco said it now expects full‑year adjusted operating profit at the top end of its £2.9bn–£3.1bn range after a strong Christmas and market‑share gains. Tesco profit to hit upper end of forecast range after strong Christmas trading
• Positive Sentiment: Broad trading update described as “solid” and management said results point to hitting the higher end of its profit target—supportive for earnings expectations. Tesco Says It Expects to Hit Higher End of Profit Target
• Positive Sentiment: Major brokers (Citi, Deutsche Bank) retained buy ratings and some say the market reaction to the sales miss is overdone; consensus broker view is Moderate Buy. Tesco ‘still a buy’ for Citi despite softer-than-expected sales Tesco ‘buy’ rating retained at DB despite Q3 disappointment Tesco Receives Consensus Rating of “Moderate Buy”
• Neutral Sentiment: Group like‑for‑like (LFL) sales rose 3.1% in Q3 and c.2.4–2.9% over the Christmas period (ex‑fuel); numbers are positive but slightly below some street forecasts, reducing upside surprise potential. Tesco ‘still a buy’ for Citi despite softer-than-expected sales Tesco Says It Expects to Hit Higher End of Profit Target
• Neutral Sentiment: Investors can review the Q3 earnings call transcript for management detail on margins, Booker, and online growth. Tesco PLC Q3 2026 Earnings Call Transcript
• Negative Sentiment: Shares dropped after markets focused on the sales shortfall relative to high expectations and a softer contribution from Booker; the gap between expectations and results prompted selling despite the upgraded profit view. Tesco shares slip despite solid trading as high expectations take their toll

Tesco Trading Down 1.9%

Shares of OTCMKTS:TSCDY opened at $16.67 on Thursday. The business has a fifty day simple moving average of $18.00 and a 200-day simple moving average of $17.66. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.45. Tesco has a 52 week low of $12.16 and a 52 week high of $19.06.

About Tesco

Tesco PLC is a British multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, Hertfordshire. Founded in 1919 by Jack Cohen as a market stall, the company expanded into a nationwide chain of supermarkets and has grown into one of the largest retailers in the United Kingdom. Tesco operates a range of store formats designed to serve different customer needs, including large-format hypermarkets, standard supermarkets and smaller convenience stores, along with an extensive online grocery and home delivery service.

The company’s core activities include the retail sale of food and non-food products, development and distribution of own-label ranges (from value to premium), and provision of convenience and fuel forecourt services.