Shares of Tesco PLC (OTCMKTS:TSCDY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
A number of brokerages recently weighed in on TSCDY. Erste Group Bank downgraded shares of Tesco from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 27th. Morgan Stanley reiterated an “overweight” rating on shares of Tesco in a research note on Monday, July 6th.
Get Our Latest Research Report on Tesco
Tesco Stock Down 1.0%
About Tesco
Tesco plc is a multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, England. The company operates supermarkets, convenience stores and online grocery services, offering food, household products, clothing and other everyday consumer goods.
Tesco serves customers primarily in the United Kingdom and also operates retail businesses in the Republic of Ireland, the Czech Republic, Hungary and Slovakia. Through Booker, its wholesale business, the company supplies groceries and other products to independent retailers, caterers and hospitality businesses.
The company traces its origins to 1919, when Jack Cohen began selling groceries from a market stall in London.
See Also
- Five stocks we like better than Tesco
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.
