Tesco (LON:TSCO) Price Target Lowered to GBX 490 at Deutsche Bank Aktiengesellschaft

Tesco (LON:TSCO) had its price target dropped by Deutsche Bank Aktiengesellschaft from GBX 500 to GBX 490 in a note issued to investors on Thursday,Digital Look reports. The firm presently has a “buy” rating on the retailer’s stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 17.96% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 440 price target on shares of Tesco in a research report on Tuesday, October 28th. Shore Capital reissued a “buy” rating on shares of Tesco in a research report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Tesco from GBX 450 to GBX 500 and gave the company an “overweight” rating in a research note on Friday, December 5th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 472.50.

Tesco Price Performance

Shares of TSCO stock traded down GBX 6.70 on Thursday, reaching GBX 415.40. The company’s stock had a trading volume of 19,309,895 shares, compared to its average volume of 136,699,719. Tesco has a 1 year low of GBX 310.30 and a 1 year high of GBX 480.90. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35. The stock’s fifty day simple moving average is GBX 448.02 and its 200-day simple moving average is GBX 434.82. The company has a market capitalization of £26.42 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Insider Activity

In other news, insider Imran Nawaz acquired 11,961 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The stock was purchased at an average cost of GBX 418 per share, for a total transaction of £49,996.98. Also, insider Ken Murphy acquired 11,961 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were bought at an average cost of GBX 418 per share, with a total value of £49,996.98. In the last ninety days, insiders have purchased 23,952 shares of company stock valued at $10,013,016. 2.04% of the stock is owned by corporate insiders.

Key Stories Impacting Tesco

Here are the key news stories impacting Tesco this week:

• Positive Sentiment: Christmas sales lifted profit toward the top of Tesco’s £3.1bn guidance and the group has nudged its fiscal 2026 outlook higher, supporting the company’s near-term earnings case. Tesco sees Christmas sales lift profit toward top of £3.1 bln forecast
• Positive Sentiment: Two insider purchases were reported (Imran Nawaz and CEO Ken Murphy each recorded acquisitions at GBX 418), a vote of confidence from management that can support sentiment. MarketBeat Insider Filings
• Neutral Sentiment: Tesco’s CEO described UK consumer sentiment as “mixed,” indicating demand is patchy — supportive of selective category strength but not a broad acceleration. UK consumer sentiment is ‘mixed’, says Tesco boss
• Neutral Sentiment: Several analyst pieces and market roundups discuss Tesco’s solid market-share gains and what that implies for the 2026 share-price path — useful context but largely reiterative rather than news-driving. Tesco Keeps Winning the Aisles but Investors Are Looking Elsewhere
• Negative Sentiment: Coverage flags that market-share gains may be coming at the expense of margins (promotional activity, pricing), which could temper investor enthusiasm even as sales rise. Tesco grabs market share – but at what cost?
• Negative Sentiment: Although Tesco upgraded guidance after Christmas, the shares slipped on the news — suggesting the beat was already partly priced in or investors remain cautious on margins and growth sustainability. UK’s Tesco Lifts Fiscal 2026 Outlook After Strong Christmas Performance; Shares Slip

Tesco Company Profile

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.