Tesco (TSCDY) Earns News Impact Score of 0.63

Media coverage about Tesco (OTCMKTS:TSCDY) has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tesco earned a coverage optimism score of 0.63 on their scale. InfoTrie also assigned news stories about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company’s share price in the next several days.

Shares of OTCMKTS TSCDY opened at $8.48 on Thursday. The company has a market capitalization of $23.05 billion, a P/E ratio of 18.42, a PEG ratio of 1.31 and a beta of 0.63. Tesco has a 52 week low of $7.06 and a 52 week high of $10.42. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.49 and a current ratio of 0.62.

A number of equities research analysts have recently weighed in on the company. Morgan Stanley assumed coverage on Tesco in a research note on Thursday, February 7th. They set an “overweight” rating on the stock. Zacks Investment Research upgraded Tesco from a “sell” rating to a “hold” rating in a research note on Saturday, February 2nd. Finally, BNP Paribas upgraded Tesco from an “underperform” rating to a “neutral” rating in a research note on Friday, December 7th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $9.50.

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Tesco Company Profile

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.

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