Shore Capital Reiterates Tesco (TSCO) Buy Recommendation
Nasdaq Fintel reports that on June 8, 2023, Shore Capital reiterated coverage of Tesco (TSCO) with a Buy recommendation.
Analyst Price Forecast Suggests 16.40% Upside
As of June 1, 2023, the average one-year price target for Tesco is 304.98. The forecasts range from a low of 237.35 to a high of $346.50. The average price target represents an increase of 16.40% from its latest reported closing price of 262.00.
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The projected annual revenue for Tesco is 68,025MM, an increase of 3.44%. The projected annual non-GAAP EPS is 0.21.
What is the Fund Sentiment?
There are 360 funds or institutions reporting positions in Tesco. This is a decrease of 12 owner(s) or 3.23% in the last quarter. Average portfolio weight of all funds dedicated to TSCO is 0.35%, an increase of 2.77%. Total shares owned by institutions decreased in the last three months by 4.78% to 960,803K shares.