Tesco (LON:TSCO) Hits New 52-Week High at $370.30

Tesco PLC (LON:TSCO)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 370.30 ($4.89) and last traded at GBX 370.30 ($4.89), with a volume of 32445445 shares changing hands. The stock had previously closed at GBX 364.50 ($4.82).

Analysts Set New Price Targets

TSCO has been the subject of several recent research reports. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Tesco in a research note on Friday, June 28th.

Tesco Price Performance

The company has a debt-to-equity ratio of 127.23, a quick ratio of 0.60 and a current ratio of 0.81. The company has a fifty day moving average price of GBX 339.02 and a two-hundred day moving average price of GBX 313.02. The company has a market cap of £25.08 billion, a P/E ratio of 1,476.80, a PEG ratio of 0.06 and a beta of 0.51.

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.