Tesco (LON:TSCO) Receives “Buy” Rating from Shore Capital

Tesco LONTSCO is a company listed on the London Stock Exchange under the ticker symbol "LON TSCO". On Friday morning, Shore Capital reissued their buy rating on shares of Tesco LONTSCO in a report released on MarketBeat.com. This means that Shore Capital believes that the stock is undervalued and has the potential for growth.

According to the report, Tesco Price Performance Shares opened at GBX 279.70 $3.52 on Friday. The company's 50 day moving average price is GBX 289.82, which indicates that the stock has been trading within a range of GBX 269.41 to GBX 309.19 over the past 50 days. Its 200 day moving average price is […], which means that the stock has been trading within a range of GBX 257.45 to GBX 310.55 over the past 200 days.

It's worth noting that Shore Capital is a financial services company that provides research and analysis on various stocks and companies listed on the London Stock Exchange. They have a team of analysts who conduct in-depth research on each company they cover, and provide buy, hold, or sell recommendations based on their findings.

In summary, Shore Capital has reissued its buy rating on shares of Tesco LONTSCO, indicating that the stock is undervalued and has the potential for growth. The company's 50 day moving average price is GBX 289.82 and its 200 day moving average price is […].