Tesco PLC Sponsored ADR (TSCDY)
FTSE 100 shares to watch this week: Tesco, Rolls-Royce, IAG, Shell, BP
The FTSE 100 Index futures pulled back on Monday as geopolitical tensions rose after the weekend talks between the US and Iran followed by President Donald Trump's decision to enact a blockade on the Strait of Hormuz. This article explores some of the top FTSE companies to watch this week.
Tesco share price analysis ahead of earnings: buy or sell?
Tesco share has done modestly well in the past few weeks and is hovering near its all-time high as traders wait for the upcoming financial results. It was trading at 487p on Tuesday, down slightly from the all-time high of 510p.
Tesco and Sainsbury's shares firmer ahead of Chancellor's summit on food prices
Shares in Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) opened higher on Wednesday as Rachel Reeves met the chief executives of the UK's biggest supermarkets to assess the risk of food price rises and supply shortages stemming from the Middle East conflict. Tesco shares were up 1.48% and Sainsbury's 1.19% as the chancellor sat down with the two grocers alongside Morrisons to gauge the potential impact on household costs in the coming months.
Tesco price target lifted to 545p as food inflation forecast rises to 4%
Analysts raise their outlook for the UK's biggest supermarket ahead of full-year results next month. Tesco PLC (LSE:TSCO), the UK's largest supermarket chain, has had its price target raised to 545p from 515p by analysts, who have also lifted their food inflation forecast to around 4% for 2026, up from a previous estimate of 3%.
Shore Capital reiterates 'buy' on Tesco ahead of annual results as cash compounding story gains traction
Shore Capital, the highly-regarded retail sector specialist, has reiterated its buy recommendation on Tesco PLC (LSE:TSCO) ahead of the supermarket group's full-year results on 16 April, arguing that the grocer's qualities as a reliable cash generator justify further gradual re-rating of its shares. Analysts Clive Black and Darren Shirley said Tesco had navigated a more intensely competitive UK grocery market with commendable discipline during its financial year to February 2026.
Shore Capital lifts forecasts at Tesco after strong Christmas trading
Shore Capital has nudged up its profit forecasts for Tesco PLC (LSE:TSCO)after a better-than-expected Christmas, while reiterating its buy rating on the shares at 416p. The broker said Tesco's 19-week trading update in early January showed a resilient performance in a tighter and more competitive grocery market.
Tesco and Sainsbury could have edge versus privately owned ASDA
Citi has pointed to renewed pressure on Asda's funding costs as a potential tailwind for listed UK grocers Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY), arguing the private business may have less headroom to keep escalating price investment. The broker noted a recent decline in Asda's bond prices, with its largest issue now trading at around a 10.5% yield to maturity, up from 9.6% three months ago and 9.4% a year ago.
Tesco: Christmas Hangover Is A Defensive Gift (Rating Upgrade)
Tesco is upgraded to 'Buy' after a post-Christmas selloff, with 20–30% total return potential including dividends and buybacks. Despite softer Christmas comps, TSCDY gained market share, leveraging aggressive pricing, strong fresh food, and growth in online and premium lines. Management maintains guidance: EBIT £2.9–3.1B, FCF £1.4–1.8B, and consensus targets remain steady, supporting valuation upside.
Tesco 'still a buy' for Citi despite softer-than-expected sales
Tesco PLC (LSE:TSCO) shares saw pressure after reporting softer-than-expected sales growth for its third quarter and Christmas period, though analysts at Deutsche Bank and Citi believe the market reaction may be overdone. Group like-for-like (LFL) sales rose 3.1% in Q3 and 2.4% over the six weeks to early January, both slightly below consensus estimates.
Tesco 'buy' rating retained at DB despite Q3 disappointment
Tesco Plc's (LSE:TSCO) new full-year guidance was the "important takeaway" from the grocer's third-quarter like-for-like sales, that's according to Deutsche Bank. The German bank, which retains a 'buy' recommendation, noted that the quarter's sales were below its expectations, reported at 3.1% versus analysts' anticipating 3.9%.
Tesco PLC (TSCDY) Q3 2026 Earnings Call Transcript
Tesco PLC (TSCDY) Q3 2026 Earnings Call Transcript
Tesco shares slip despite solid trading as high expectations take their toll
Shares in Tesco PLC (LSE:TSCO) fell 5% to 430.42p on Thursday, as another robust trading update ran into a familiar problem for the UK's biggest supermarket: expectations that have risen almost as fast as its market share. The figures were largely positive, but investors focused on what was, by Tesco's own lofty standards, a relatively modest period of growth and a weaker contribution from Booker, its wholesale arm.
