Tesco (TSCDY) Upgraded at BNP Paribas

Tesco (OTCMKTS:TSCDY) was upgraded by investment analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday, April 3rd, Briefing.com Automated Import reports.

Several other research analysts also recently commented on the company. Morgan Stanley initiated coverage on Tesco in a report on Thursday, February 7th. They issued an “overweight” rating on the stock. Zacks Investment Research raised Tesco from a “sell” rating to a “hold” rating in a report on Saturday, February 23rd.

Shares of TSCDY traded down $0.04 on Wednesday, hitting $9.72. The company’s stock had a trading volume of 4,736,324 shares, compared to its average volume of 474,380. The company has a market capitalization of $26.81 billion, a P/E ratio of 17.66, a PEG ratio of 1.21 and a beta of 0.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.61 and a quick ratio of 0.49. Tesco has a fifty-two week low of $7.06 and a fifty-two week high of $10.42.

About Tesco

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.

Read More: Compound Annual Growth Rate (CAGR)

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