RBC Capital Sticks to Its Hold Rating for Tesco plc (TSCO)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Source: Business Insider
Analyst Ratings: RBC Capital analyst Manjari Dhar maintained a Hold rating on Tesco plc with a price target of p375.00, while the overall analyst consensus is a Strong Buy with a higher price target of p405.56, indicating potential upside from current levels.
Insider Activity and Company Overview: Despite being a leading food retailer with significant market share in the U.K., recent insider activity shows a negative sentiment as 79 insiders have sold shares, reflecting concerns about the stock's performance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
