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Kepler Capital Remains a Hold on Tesco plc (TSCO)

Tipranks - Tipranks - Thu Jan 8, 7:44PM CST

In a report released on January 6, Francois Digard from Kepler Capital maintained a Hold rating on Tesco plc, with a price target of p440.00. The company’s shares closed yesterday at p455.00.

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According to TipRanks, Digard is ranked #3200 out of 10355 analysts.

Tesco plc has an analyst consensus of Strong Buy, with a price target consensus of p471.68.

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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 70 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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