Tesco (OTCMKTS:TSCDY) Coverage Initiated at Royal Bank of Canada

Royal Bank of Canada began coverage on shares of Tesco (OTCMKTS:TSCDY) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm set a “sector perform” rating on the stock.

TSCDY has been the topic of a number of other research reports. BNP Paribas began coverage on shares of Tesco in a report on Friday, October 18th. They set an “outperform” rating on the stock. Sanford C. Bernstein raised shares of Tesco to a “strong-buy” rating in a report on Tuesday, August 13th. Finally, Citigroup raised shares of Tesco to a “strong-buy” rating in a report on Friday, September 13th.

Tesco Trading Down 1.1 %

TSCDY stock opened at $13.18 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. Tesco has a 52-week low of $10.30 and a 52-week high of $14.85. The business has a 50-day simple moving average of $14.01 and a two-hundred day simple moving average of $13.08.

Tesco Company Profile

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.