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RBC Capital Keeps Their Hold Rating on Tesco plc (TSCO)

Tipranks - Tipranks - Fri Jun 26, 3:32AM CDT

RBC Capital analyst Manjari Dhar maintained a Hold rating on Tesco plc on June 23 and set a price target of p500.00.

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According to TipRanks, Dhar is ranked #4791 out of 12266 analysts.

Currently, the analyst consensus on Tesco plc is a Strong Buy with an average price target of p516.82.

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Based on Tesco plc’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of p37.68 billion and a net profit of p837 million. In comparison, last year the company earned a revenue of p35.14 billion and had a net profit of p575 million

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSCO in relation to earlier this year.

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