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Citi Sticks to Their Buy Rating for Tesco plc (TSCO)

Tipranks - Tipranks - Sat Mar 21, 2:46AM CDT

In a report released today, Monique Pollard from Citi maintained a Buy rating on Tesco plc, with a price target of £5.45.

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Pollard covers the Consumer Cyclical sector, focusing on stocks such as JD Sports Fashion, Flutter Entertainment PLC, and Delivery Hero SE. According to TipRanks, Pollard has an average return of 4.9% and a 51.28% success rate on recommended stocks.

In addition to Citi, Tesco plc also received a Buy from TipRanks – xAI’s xAi Consumer Defensive GB in a report issued yesterday. However, on the same day, TipRanks – DeepSeek reiterated a Hold rating on Tesco plc (LSE: TSCO).

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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 72 insiders, corporate insider sentiment is neutral on the stock.

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