Tesco (LON:TSCO) Rating Reiterated by Shore Capital

Tesco (LON:TSCO)‘s stock had its “buy” rating reaffirmed by Shore Capital in a report issued on Tuesday, MarketBeat reports.

Separately, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Tesco in a research note on Friday, June 28th.

Tesco Stock Up 0.3 %

Shares of LON TSCO opened at GBX 362.90 ($4.77) on Tuesday. The company has a 50 day simple moving average of GBX 329.38 and a 200 day simple moving average of GBX 307.91. The company has a debt-to-equity ratio of 127.23, a current ratio of 0.81 and a quick ratio of 0.60. Tesco has a 1 year low of GBX 254.10 ($3.34) and a 1 year high of GBX 364.30 ($4.79). The firm has a market cap of £24.64 billion, a PE ratio of 1,451.60, a price-to-earnings-growth ratio of 0.06 and a beta of 0.52.

About Tesco

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.