Stock analysts at Royal Bank of Canada began coverage on shares of Tesco (OTCMKTS:TSCDY - Get Free Report) in a report issued on Tuesday, Marketbeat.com reports. The brokerage set a "sector perform" rating on the stock.
Several other brokerages have also weighed in on TSCDY. Citigroup raised Tesco to a "strong-buy" rating in a research report on Friday, September 13th. Sanford C. Bernstein raised Tesco to a "strong-buy" rating in a research report on Tuesday, August 13th. Finally, BNP Paribas started coverage on Tesco in a research report on Friday, October 18th. They set an "outperform" rating on the stock.
Read Our Latest Stock Report on TSCDY
Tesco Stock Performance
Shares of OTCMKTS TSCDY traded up $0.13 during midday trading on Tuesday, hitting $13.32. 155,177 shares of the company's stock were exchanged, compared to its average volume of 386,650. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.81 and a quick ratio of 0.68. Tesco has a twelve month low of $10.25 and a twelve month high of $14.85. The firm's fifty day simple moving average is $14.06 and its 200-day simple moving average is $13.06.
About Tesco
(
Get Free Report)
Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.
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