Tesco (OTCMKTS:TSCDY) Research Coverage Started at BNP Paribas

Investment analysts at BNP Paribas initiated coverage on shares of Tesco (OTCMKTS:TSCDY) in a note issued to investors on Friday, Briefing.com reports. The firm set an “outperform” rating on the stock.

Several other equities research analysts also recently issued reports on TSCDY. Sanford C. Bernstein raised Tesco to a “strong-buy” rating in a research report on Tuesday, August 13th. Citigroup raised Tesco to a “strong-buy” rating in a research report on Friday, September 13th.

Tesco Price Performance

Shares of Tesco stock opened at $14.11 on Friday. Tesco has a 1-year low of $9.73 and a 1-year high of $14.85. The firm has a fifty day simple moving average of $14.18 and a 200-day simple moving average of $12.64. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81.

About Tesco

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.