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Tesco plc (TSCO) Gets a Hold from Jefferies

Tipranks - Tipranks - Fri Apr 17, 8:22AM CDT

Jefferies analyst Frederick Wild reiterated a Hold rating on Tesco plc today and set a price target of p430.00.

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According to TipRanks, Wild is ranked #5918 out of 12147 analysts.

Currently, the analyst consensus on Tesco plc is a Moderate Buy with an average price target of p487.86.

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Based on Tesco plc’s latest earnings release for the quarter ending August 23, the company reported a quarterly revenue of p36.04 billion and a net profit of p950 million. In comparison, last year the company earned a revenue of p34.77 billion and had a net profit of p1.05 billion

Based on the recent corporate insider activity of 69 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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