Tesco (LON:TSCO) Stock Rating Reaffirmed as “Hold” by Jefferies Financial Group

Tesco (LON:TSCO – Get Free Report)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 480 price target on the retailer’s stock. Jefferies Financial Group’s price target indicates a potential downside of 5.27% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Tesco from GBX 500 to GBX 525 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. dropped their target price on shares of Tesco from GBX 500 to GBX 490 and set an “overweight” rating for the company in a research report on Wednesday, September 2nd. Finally, Shore Capital Group downgraded Tesco to a “hold” rating and reduced their price objective for the stock from GBX 525 to GBX 480 in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 500.

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Tesco Price Performance

TSCO opened at GBX 506.70 on Thursday. The stock has a market capitalization of £31.56 billion, a P/E ratio of 18.70, a P/E/G ratio of 1.43 and a beta of 0.57. The company’s 50-day simple moving average is GBX 470.29 and its two-hundred day simple moving average is GBX 468.96. Tesco has a 52-week low of GBX 411.70 and a 52-week high of GBX 520.60. The company has a debt-to-equity ratio of 127.34, a quick ratio of 0.60 and a current ratio of 0.62.

Tesco (LON:TSCO – Get Free Report) last posted its earnings results on Thursday, October 8th. The retailer reported GBX 17.50 EPS for the quarter. Tesco had a net margin of 2.53% and a return on equity of 16.45%. As a group, analysts predict that Tesco will post 27.37 EPS for the current year.

Trending Headlines about Tesco

Here are the key news stories impacting Tesco this week:

• Positive Sentiment: Tesco reported a 6.3% increase in first-half adjusted operating profit to £1.78 billion and raised the lower end of its fiscal 2027 outlook as sales and profitability improved. Tesco First-Half Adjusted Operating Profit Rises
• Positive Sentiment: The retailer increased its planned fiscal 2027 share-buyback allocation to £950 million. Buybacks can support earnings per share and signal management confidence in cash generation. Tesco Hikes Share Buybacks
• Positive Sentiment: Deutsche Bank raised its price target from GBX 525 to GBX 550 and upgraded Tesco to “buy,” adding to the bullish interpretation of the earnings update.
• Positive Sentiment: Tesco appointed Wendy Becker as a non-executive director, effective November 1, strengthening the board with an experienced retail and technology executive. Tesco Appoints Wendy Becker
• Neutral Sentiment: Shore Capital and Jefferies both maintained “hold” ratings with GBX 480 price targets, showing that some analysts view the recent rally and improved outlook as largely reflected in the valuation.
• Negative Sentiment: Tesco expects a consumer moderation trend to reduce festive alcohol sales, creating a potential headwind for seasonal revenue and comparable-store growth. Tesco Expects Moderation Trend to Curb Festive Alcohol Sales

Tesco Company Profile

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Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Across the Group, our purpose is at the core of what we do: serving our customers, communities and planet a little better every day.
Our fantastic team of over 340,000 colleagues go above and beyond to serve our customers. We work hard to be a place where everyone is welcome, where all colleagues can be at their best and build the skills to grow their careers.

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