Tesco (TSCO) Stock Forecast & Price Target

GBX 348.20

-5.40 (-1.53%)

(As of 10/29/2024 09:18 PM ET)

Tesco - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 4 Analyst Ratings

Sell
1

Hold
0

Buy
3

Based on 4 Wall Street analysts who have issued ratings for Tesco in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a sell rating, and 3 have given a buy rating for TSCO.

Consensus Price Target

GBX 313.33

According to the 4 analysts' twelve-month price targets for Tesco, the average price target is GBX 313.33. The highest price target for TSCO is GBX 350, while the lowest price target for TSCO is GBX 240. The average price target represents a forecasted downside of -10.01% from the current price of GBX 348.20.

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TSCO Analyst Ratings Over Time

Type	Current Forecast 10/31/23 to 10/30/24	1 Month Ago 10/1/23 to 9/30/24	3 Months Ago 8/2/23 to 8/1/24	1 Year Ago 10/31/22 to 10/31/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 313.33	GBX 313.33	GBX 313.33	GBX 295
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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TSCO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TSCO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Tesco Stock vs. The Competition

Type	Tesco	Consumer Defensive Companies
Consensus Rating Score	2.50	2.51
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent TSCO News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/3/2024	Shore Capital 1 of 5 stars	Reiterated Rating	Buy
6/28/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Underweight
5/3/2024	Barclays 3 of 5 stars	Reiterated Rating	Overweight	GBX 350	+16.82%
4/11/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 350	+24.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:23 AM ET.

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 25, 2024. Please send any questions or comments about these Tesco pros and cons to contact@marketbeat.com.

Tesco
Bull Case

Here are some ways that investors could benefit from investing in Tesco PLC:

Tesco PLC has shown consistent growth in its grocery retail operations across multiple countries, indicating a strong market presence and potential for further expansion.
The company's diversification into food and drink wholesaling activities provides additional revenue streams and enhances its competitive position in the industry.
With a history dating back to 1919, Tesco PLC has established itself as a well-known and trusted brand in the grocery retail sector, fostering customer loyalty and brand recognition.
Recent data indicates that Tesco PLC's stock price has been stable and has shown resilience in the face of market fluctuations, offering investors a relatively secure investment option.
Tesco PLC's strategic focus on technology, data science, and consultancy services demonstrates a commitment to innovation and staying ahead of industry trends, potentially driving future growth and profitability.

Tesco
Bear Case

Investors should be bearish about investing in Tesco PLC for these reasons:

Intense competition in the grocery retail sector could lead to margin pressures for Tesco PLC, impacting its profitability and growth potential.
Economic uncertainties and fluctuations in consumer spending patterns may affect Tesco PLC's revenue and earnings, making it susceptible to market volatility.
Regulatory changes in the countries where Tesco PLC operates could pose challenges to its business operations and require additional compliance costs, impacting its bottom line.
Shifts in consumer preferences towards online shopping and alternative grocery retailers could threaten Tesco PLC's market share and customer base, potentially leading to revenue declines.
Investors should carefully monitor Tesco PLC's debt levels and financial leverage, as high debt burdens could constrain the company's ability to invest in growth initiatives and weather economic downturns.

TSCO Forecast - Frequently Asked Questions

: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Tesco is GBX 313.33, with a high forecast of GBX 350 and a low forecast of GBX 240.
: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last twelve months. There is currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TSCO shares.
: According to analysts, Tesco's stock has a predicted downside of -10.01% based on their 12-month stock forecasts.
: Tesco has been rated by research analysts at Shore Capital in the past 90 days.
: Analysts like Tesco less than other "consumer defensive" companies. The consensus rating score for Tesco is 2.50 while the average consensus rating score for "consumer defensive" companies is 2.52. Learn more on how TSCO compares to other companies.

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This page (LON:TSCO) was last updated on 10/30/2024 by MarketBeat.com Staff

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Tesco (TSCO) Stock Forecast & Price Target