Tesco (LON:TSCO) Receives Buy Rating from Shore Capital Group

Shore Capital Group reiterated their buy rating on shares of Tesco (LON:TSCO) in a research report sent to investors on Thursday morning,Digital Look reports.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Tesco from GBX 500 to GBX 480 and set a “buy” rating on the stock in a research note on Monday, January 12th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Tesco from GBX 500 to GBX 490 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Finally, Jefferies Financial Group dropped their price objective on shares of Tesco from GBX 450 to GBX 430 and set a “hold” rating on the stock in a research note on Friday, January 16th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 465.

Tesco Trading Up 3.3%

Shares of TSCO opened at GBX 487.46 on Thursday. The firm’s 50-day moving average price is GBX 477.36 and its 200-day moving average price is GBX 454.96. The firm has a market capitalization of £30.98 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 1.43 and a beta of 0.61. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 138.46. Tesco has a 1-year low of GBX 343.60 and a 1-year high of GBX 508.20.

Tesco (LON:TSCO) last posted its quarterly earnings data on Thursday, April 16th. The retailer reported GBX 29.50 EPS for the quarter. Tesco had a net margin of 2.14% and a return on equity of 13.57%. The business had revenue of GBX 7,371 million for the quarter. Sell-side analysts anticipate that Tesco will post 27.374848 EPS for the current year.

Key Tesco News

Here are the key news stories impacting Tesco this week:

• Positive Sentiment: Results and market share — Tesco reported improved profits and cash flow and says its value strategy has driven its highest market share in a decade, supporting investor confidence. Tesco lifts profits and cash flow as value push drives highest market share in a decade
• Positive Sentiment: Quarterly results detail — Tesco reported GBX 29.50 EPS and GBX 7,371m revenue for the quarter, with improved margins and cash flow that underpin the upbeat near‑term performance narrative. Tesco earnings release and slide deck
• Positive Sentiment: Analyst support — Shore Capital reaffirmed a “buy” rating on Tesco, adding a supportive broker voice for the stock. Digital Look — Shore Capital buy rating
• Neutral Sentiment: Mixed broker views — Jefferies reaffirmed a “hold” rating with a GBX 430 price target, which is below the current share price and introduces some valuation caution. Digital Look — Jefferies hold rating
• Neutral Sentiment: Sector context — Analyst coverage highlights grocery demand trends and margin pressures as areas to watch, suggesting underlying fundamentals remain mixed even as Tesco wins share. Tesco: Grocery Demand Trends and Margins in Spotlight
• Negative Sentiment: Geopolitical risk — Management flagged the ongoing Iran/Middle East conflict as a material source of uncertainty that could weigh on FY‑2027 profit outlook, prompting a cautious guidance tone. Britain’s Tesco says Iran war clouds profit outlook
• Negative Sentiment: Cautious outlook reiterated — Tesco issued a cautious fiscal‑2027 outlook citing the same Middle East uncertainty, which could limit upside until geopolitical visibility improves. Tesco Issues Cautious Fiscal 2027 Outlook Amid Ongoing Middle East Conflict
• Negative Sentiment: Market skepticism — Commentary questioning whether the recent share price rise is sustainable highlights valuation concerns and the possibility of profit-taking if geopolitical/headline risk persists. Think the soaring Tesco share price is too good to be true? Read this…

About Tesco

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group. Serving our customers, communities and planet a little better every day is what we do.