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TSCO Tesco Plc

357.20
-2.20 (-0.61%)
11 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.20 -0.61% 357.20 12,296,590 16:35:05
Bid Price Offer Price High Price Low Price Open Price
356.70 356.90 359.20 353.10 359.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 68.38B 1.19B 0.1733 20.58 24.64B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:47:55 O 17,698 357.20 GBX

Tesco (TSCO) Latest News (3)

Tesco (TSCO) Discussions and Chat

Tesco Forums and Chat

Date Time Title Posts
10/10/202400:29TESCO30,264
11/9/202215:11SUPERMARKETS BLOODBATH HAS STARTED30
11/3/202215:26TESCO (MODERATED)124
20/4/202116:13TESCO BOMBSHELL NUMBER TWO26
23/3/202109:49PRICE MANIPULATION9

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Tesco (TSCO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-10-11 15:47:56357.2017,69863,217.26O
2024-10-11 15:35:05357.2081,059289,542.75O
2024-10-11 15:35:05357.2063,989228,568.71O
2024-10-11 15:35:05357.205,219,77218,645,025.58UT
2024-10-11 15:29:59356.70224799.01O

Tesco (TSCO) Top Chat Posts

Top Posts
Posted at 12/10/2024 09:20 by Tesco Daily Update
Tesco Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker TSCO. The last closing price for Tesco was 359.40p.
Tesco currently has 6,855,870,664 shares in issue. The market capitalisation of Tesco is £24,454,890,658.
Tesco has a price to earnings ratio (PE ratio) of 20.58.
This morning TSCO shares opened at 359p
Posted at 08/10/2024 19:27 by igoe104
Tsco going from strength to strength..
Posted at 07/10/2024 10:44 by philanderer
Tasty opportunities at Tesco, says Hargreaves


Tasty first-half results have given Tesco (TSCO) confidence to upgrade full-year guidance and, despite a run-up on the shares, Hargreaves Lansdown says there’s further to go.

The Citywire Elite Companies AA-rated stock reported a 4% rise in first-half sales to £31.5bn, ignoring fuel and exchange rates, with retail underlying operating profit boosted 10% to £1.6bn. This allowed the grocer to increase its dividend by 10.4p to 4.25p and increase full-year profit guidance to £2.9bn from £2.8bn.

Analyst Aarin Chiekrie said easing that inflationary pressures and a commitment to keeping food prices low had helped Tesco fend off competition from the likes of Aldi and Lidl.

While at the other end of the spectrum, its Finest range helped it to ‘poach customers off more premium supermarkets’.

‘Both of these actions have left Tesco on a high at the half-year mark,’ said Chiekrie.

‘The strong volume-led growth has given management the confidence to upgrade full-year profit guidance. With a strong start to the year and the all-important Christmas period just around the corner, this upgraded target looks well within reach.’

There is also ‘plenty of cash pumping around the business too, which is helping to fund share buybacks and a double-digit increase in dividends.’

Chiekrie said ‘market-leading proposition and income potential shouldn’t be overlooked’ and despite the ‘run-up in share price this year, there’s opportunity for investors’.

The shares fell 0.9% to 360.8p on Friday, but have gained 33.3% over the last 12 months.


citywire.com
Posted at 04/10/2024 10:05 by philanderer
Barclays raises Tesco price target to 405 (375) pence - 'overweight'

Goldman Sachs raises Tesco price target to 420 (370) pence - 'buy'

UBS raises Tesco price target to 410 (400) pence - 'buy'
Posted at 04/10/2024 06:16 by hazl
Tesco



The supermarket giant saw its shares gain ground this morning, leaving it as one of the best performers in the FTSE-100. The move came off the back of interim results which showed a modest uptick in revenues but a significant rise in profitability. Investors stand to see a 10% increase in the interim dividend, whilst management also noted that the volume growth posted during the first half of the year was above expectations. Full year guidance was increased slightly and the Tesco share price was just over 2% higher in early trade.
Posted at 03/10/2024 08:18 by tuftymatt
Yes really positive figures, along with an improved dividend, which should all eventually help the share price challenge 390 in my opinion.

Good luck all 👍🏻
Posted at 13/9/2024 13:51 by philanderer
Citi lifts Tesco forecasts as market share continues to rise


Citi has lifted its target price for Tesco shares ahead of the supermarket giant's interim results next month, saying that the retailer's continued market share gains should be reflected in the figures.

The bank has raised its targe to 425p from 350p and reiterated a 'buy' recommendation on the stock.

This month's Kantar market share data showed that Tesco's dominance of the UK grocer market continued to grow, with a 27.8% market share in the 12 weeks to 1 September, up 5.3% on the same period last year and the highest share since January 2022.

Citi predicts that total retail like-for-like (LFL) sales have grown 3.8% in Tesco's second quarter, up from 3.4% in the first, driven by improvements in the UK, Central Europe and the Booker division, offset by a slight slowdown in the Republic of Ireland (ROI).

The second-quarter acceleration is "supported by low-single-digit UK food inflation, and four straight quarters of UK market share gains", Citi said.

As a result, the bank's forecast for full-year earnings before interest and tax has risen by 1% to £2.867bn, compared with Tesco's own guidance of at least £2.8bn.


SHARECAST.COM
Posted at 29/8/2024 10:08 by philanderer
Jefferies: Tesco interesting after re-rating


The valuation of supermarket giant Tesco (TSCO) is looking favourable despite the shares re-rating in recent weeks, according to Jefferies.

Analyst Frederick Wild retained his ‘buy’ recommendation and increased the target price from 350p to 400p on the Citywire Elite Companies AA-rated grocer, which retreated 0.6% to 349.5p on Wednesday, but is up almost a third over the past 12 months.

The first half results due in October ‘should show the continued strengthening of listed UK grocers and potentially upgrades to full-year guidance’, said Wild.

‘With the shares re-rating to an 8.3% 2025 free cashflow yield in recent weeks, we expect a large part of this upbeat first half narrative to be well understood,’ he said.

‘Nevertheless, we maintain our “buy” on a raised target price, with Tesco’s total shareholder return, visibility, and valuation all comparing favourably with the wider consumer space.’


citywire.co.uk
Posted at 07/8/2024 13:55 by johnwise
Inflation used big time to increase profits ?


UK Targets 1 Billion Grocery Products A Month In Inflation Overhaul


Currently, ONS price collectors go into shops to gather 25,000 prices per month.

Britain will gather price data from over 1 billion units of grocery sales each month from supermarket scanners when it introduces a new system for measuring inflation in the sector next year, the country's statistics agency said on Tuesday.

The Office for National Statistics, which is modernising the way it gets information on the economy, said the move in March 2025 represented the biggest update so far of its inflation data gathering, covering 50% of the grocery market.

Currently, ONS price collectors go into shops to gather 25,000 prices per month but the new system will cover approximately 300 million price points derived from sales of over a billion units of products per month, the agency said.
Posted at 30/7/2024 06:34 by tuftymatt
Happy with the buyback being extended if we carry on seeing share price growth.

I know the two are not linked, far from it with some companies, but it's hard to find any fault with this one in my opinion and a challenge of 350 seems very possible.

Good luck all 👍🏻
Posted at 11/4/2024 19:45 by clive7878
Tesco PLC (LSE:TSCO) announces an Equity Buyback for £1,000 million worth of its shares.
Tesco PLC (LSE:TSCO) announces a share repurchase program. Under the program, the company will repurchase shares worth £1,000 million. The plan will be valid for next 12 months.

I predict that tomorrow will see a firmer share price.
Tesco share price data is direct from the London Stock Exchange

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