Tesco (TSCDY) Stock Forecast & Price Target

$13.18 -0.14 (-1.05%)

(As of 11/20/2024 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

Buy

Based on 4 Analyst Ratings

Sell
0

Hold
1

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 "Buy." Out of the 4 analysts, 1 has given a hold rating, 1 has given a buy rating, and 2 have given a strong buy rating for TSCDY.

Consensus Price Target

N/A

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TSCDY Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Buy	Strong Buy	Buy	Moderate Buy

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TSCDY 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.

TSCDY 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	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	3.25	2.51	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	N/A	30.48% Upside	9.81% Upside
News Sentiment Rating	Neutral News See Recent TSCDY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
11/19/2024	Royal Bank of Canada 4 of 5 stars		Initiated Coverage	Sector Perform
10/18/2024	BNP Paribas 3 of 5 stars	R. Joyce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
9/13/2024	Citigroup 3 of 5 stars	M. Pollard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/13/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
11/16/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
10/5/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 250 ➝ GBX 240
10/5/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 325 ➝ GBX 335
8/31/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 304 ➝ GBX 306
3/6/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:59 AM ET.

Should I Buy Tesco Stock? TSCDY 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, November 1, 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 declared a dividend of $0.17 per share, indicating a commitment to rewarding shareholders with regular income.
Recent analyst upgrades, such as Citigroup raising Tesco to a "strong-buy" rating, suggest positive growth potential.
Tesco's diverse operations in grocery retail, food and drink wholesaling, banking, insurance, and mobile services provide a resilient business model.
Strong financial ratios like a debt-to-equity ratio of 0.49 and healthy liquidity ratios indicate a stable financial position.
Recent stock performance showing a 50-day moving average of $13.92 and a one-year high of $14.85 demonstrates positive momentum.

Tesco
Bear Case

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

Despite recent positive analyst ratings, there may be risks associated with potential market fluctuations affecting the stock price.
Intense competition in the grocery retail sector could impact Tesco's market share and profitability.
Economic uncertainties or regulatory changes in the regions where Tesco operates may pose challenges to its business operations.
Fluctuations in commodity prices could affect Tesco's margins and profitability in the food and drink wholesaling segment.
Investors should carefully monitor Tesco's performance against industry peers to assess relative strength and competitive positioning.

TSCDY Forecast - Frequently Asked Questions

: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last twelve months. There is currently 1 hold rating, 1 buy rating and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TSCDY shares.
: According to analysts, Tesco's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Tesco's stock had 1 upgrade by analysts.
: Tesco has been rated by research analysts at BNP Paribas, Citigroup, and Royal Bank of Canada in the past 90 days.
: Analysts like Tesco more than other "retail/wholesale" companies. The consensus rating for Tesco is Buy while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how TSCDY compares to other companies.

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This page (OTCMKTS:TSCDY) was last updated on 11/21/2024 by MarketBeat.com Staff

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Tesco (TSCDY) Stock Forecast & Price Target