Tesco (LON:TSCO) Receives Hold Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Tesco (LON:TSCO) in a research report sent to investors on Thursday morning,Digital Look reports. The brokerage currently has a GBX 430 target price on the retailer’s stock.

A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Tesco from GBX 500 to GBX 480 and set a “buy” rating for the company in a research note on Monday, January 12th. Shore Capital Group reiterated a “buy” rating on shares of Tesco in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Tesco from GBX 500 to GBX 490 and set a “buy” rating for the company in a research note on Thursday, January 8th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Tesco currently has an average rating of “Moderate Buy” and a consensus target price of GBX 465.

Tesco Stock Performance

Shares of Tesco stock opened at GBX 487.46 on Thursday. The stock has a market cap 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 firm’s 50-day moving average is GBX 477.36 and its 200 day moving average is GBX 454.96. Tesco has a 1 year low of GBX 343.60 and a 1 year high of GBX 508.20. The company has a debt-to-equity ratio of 138.46, a current ratio of 0.60 and a quick ratio of 0.60.

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

Key Stories Impacting Tesco

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.