Tesco PLC

Tesco is a retailer. Co. and its subsidiaries are engaged in retailing and associated activities in the U.K. and Republic of Ireland; and Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand. Co. provides retail banking and insurance services through Tesco Bank in the U.K. Co. sells and services of motor and home insurance policies underwritten by Tesco Underwriting Limited, or in a minority of cases by a third-party underwriter. As of Feb 25 2017, Co. had a total of 6,809 stores worldwide, including 256 franchised stores.
  • TickerTSCO
  • ISINGB0008847096
  • ExchangeLondon Stock Exchange
  • SectorFood & Drug Retailers
  • CountryUnited Kingdom

Analysts

Tesco Plc - August 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Neoh Jiaman

Tesco PLC

TESCO PLC. with less fundamental stars is reduced to Neutral

TESCO PLC. (GB), a company active in the Food Retailers & Wholesalers industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 25, 2019, the closing price was GBp 239.60 and its expected value was estimated at...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

1 director bought

A director at Tesco bought 15,000 shares at 235p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members alo...

Tesco Plc - August 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 02/10/2019 - Teva - EN

Teva (M/P): Seeks an Agreement To Settle Opioid Lawsuits Euro Zone - Inflation: Euro Zone Annual Inflation Is Estimated At 0.9% In September Tesco (O/P) - H1 2019/20: Operating Profit Of £1.4bn (+25.4%) Wind Hellas: Plans To Issue A New 5NC2 Bond For €500m Via Crystal Almond Suez (U/P): Presents Its Strategic Plan For 2030 Icade (M/P): Sold 49% Of The Eqho Tower For €365m Abanca (O/P): Moody's Raises The Intrinsic Rating By One Notch to Ba1, The Outlook Remains Positive

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 02/10/2019 - Teva - FR

Teva (Conserver) : Etudie un accord pour mettre fin à des plaintes sur les opioïdes Zone euro - Inflation : Le taux d'inflation annuel de la zone euro est estimé à 0,9% en septembre Zone euro - PMI : L’Indice PMI pour l’industrie manufacturière se replie de 45,7 en septembre Wind Hellas : Prévoit d’émettre €500m 5NC2 via la holding Crystal Almond Suez (Vente) : Présente son plan stratégique à horizon 2030 Icade (Conserver) : Cède 49% de la Tour Eqho pour €365m Abanca (Achat) :  Moody’s rehausse d’un cran la note intrinsèque à Ba1, la pers...

Tesco Plc - February 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tesco Plc: Update following upgrade to Baa3

Our credit view of Tesco Plc, reflecting our expectations of continued operating momentum and improvement in credit metrics.

Neoh Jiaman

Tesco PLC

Christian Guyot

INVEST SECURITIES - TESCO (Vente vs Neutre, OC 233€ vs 228€) : Recovery mature et visibilité dégradée

Neoh Jiaman

Tesco PLC

1 director bought

A director at Tesco bought 15,000 shares at 235p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members alo...

TESCO PLC. with less fundamental stars is reduced to Neutral

TESCO PLC. (GB), a company active in the Food Retailers & Wholesalers industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 25, 2019, the closing price was GBp 239.60 and its expected value was estimated at...

Tesco

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ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/CSPP2 to include BB high yield?, Tesco and NIBC

CSPP2 to include BB high yield paper?

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Tesco, German 5G Auction, Italgas and BP

Tesco 1Q19/20: growth slows against strong comparable. 2023 bond offers value

ING
Job Veenendaal

Tesco/Better positioned/STABLE

Tesco reported a solid FY18/19 report card this morning, which we believe to be supportive for spreads. Most of the goals of the turnaround plan set out back in 2016 have been or will soon be achieved. Tesco's management is confident in the future and will host a capital markets day in June, when it will talk about further value unlocking opportunities. We maintain our “Stable” credit assessment.

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Tesco, Red Electrica, Elia

Tesco (TSCOLN) published its FY18/19 report card this morning, which we view as supportive for spreads. Revenue (excl. VAT, incl. fuel) came in at £63,911m. Company-compiled consensus called for £64,520m. LFL sales for the group were up 0.9% in the final quarter and 1.4% in the full year. LFL sales growth was driven solely by the UK & ROI regions (+2.9%), as the Central Europe and Asia regions recorded persistently negative growth in 2018/19 of -2.3% and -6.2% respectively. Group operating profit before exceptional items was £2,206m, set against company-compiled consensus of £2,080m. The corre...

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Tesco, LeasePlan, Proximus, EDF and Veolia

Tesco (TSCOLN) has reported on 3Q and Christmas trading. The company reported +2.2% LFL growth over the six-week Christmas period in the UK, outpacing expectations of +1.1%, despite a ‘challenging market'. Tesco commented that it outperformed the UK market in terms of both volume and value. UK LFL growth came in at +0.7% in 3Q. CEO Dave Lewis commented that Tesco is on track to deliver on its FY plans and on the longer-term ambitions outlined in 2016. (For full stories please download the report)

MarketLine Department

Carrefour SA - Strategy, SWOT and Corporate Finance Report

Summary Carrefour SA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Carrefour SA (Carrefour) is one of the largest global consumer goods retailers. The company operates multi-format and omnichannel retail platforms. It operates through a network of hypermarkets, supermarkets, convenience stores, and cash and carry stores across the world. Carrefour also retails ...

MarketLine Department

Kingfisher Plc - Strategy, SWOT and Corporate Finance Report

Summary Kingfisher Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Kingfisher Plc (Kingfisher) is a specialty retailer of home improvement products. It merchandise and sell hand tools, power tool accessories, heating and plumbing accessories, electrical and lighting accessories, bathroom and kitchen accessories, and outdoor and gardening tools. The company ma...

MarketLine Department

The Kroger Co - Strategy, SWOT and Corporate Finance Report

Summary The Kroger Co - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights The Kroger Co (Kroger) is an in-store and online grocery retailer. The company specializes in the production and distribution of food in its supermarkets. It operates retail food and supermarket, drug stores, multi-department stores and jewelry stores throughout the US. The company’s product po...

MarketLine Department

BT Group plc - Strategy, SWOT and Corporate Finance Report

Summary BT Group plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights BT Group plc (BT or ‘the company’) is a communications company that provides fixed-line services, broadband, mobile and television (TV) products and services as well as networked information technology (IT) services and cyber security protection. BT offers services such as fixed voice and data, ...

MarketLine Department

Migros Ticaret AS - Strategy, SWOT and Corporate Finance Report

Summary Migros Ticaret AS - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights MigrosTicaret AS (MigrosTicaret), a subsidiary of MH PerakendecilikveTicaret AS, retailsfood products, beverages and consumer durable goods. The company’s product portfolio includes stationery items, toys, textiles, cosmetics, meat, glass and kitchenware, electronic appliance, book, recorde...

Expert Corporate Governance Service (ECGS)

Tesco PLC 13 June 2019

Fraud InvestigationThe deferred prosecution agreement (DPA) entered into by Tesco states that there was false accounting at Tesco Stores Ltd. in 2014 and names the former executives, Carl Rogberg, Chris Bush and John Scouler, as involved in "falsifying or concurring in the falsification of accounts." However, all three former executives have now been acquitted. Please see the attached report for further details.Equal Pay ClaimThe claim has been brought by law firm Leigh Day which claims it could apply to more than 200,000 employees of the Company with estimated pay shortfalls of as high as £20...

Tesco PLC – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Proxy Report - 15/06/2018

Merger with Booker The merger with Booker has been completed. Accordingly, Charles Wilson, Booker's Chief Executive Officer and Stewart Gilliland, Booker's Chairman, joined the Combined Group's Board. Litigation The UK Serious Fraud Office has announced its intention to seek a retrial of three former Company executives for allegations of fraud and false accounting amounting to a £246 scandal. In addition, on 10 April 2017, the Company announced that its subsidiary, Tesco Stores Ltd, had obtained Court approval and entered into a Deferred Prosecution Agreement (DPA) with the UK Serious Frau...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Valérie GASTALDY

Analyse court terme - TESCO : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 223,52 p prochainement. Le prochain objectif est à 206,98 p, puis 196,85 p. Le franchissement de 242,08 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - TESCO : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 223.52 p. The next target is at 206.98 p, then 196.85 p. Passing 242.08 p would question the continuation of the fall.

Valérie GASTALDY

Short term view - TESCO : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at 206.98 p. The background trend would be questioned should prices rise above 242.08 p.

Valérie GASTALDY

Analyse court terme - TESCO : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 206,98 p. La tendance de fond serait remise en cause en cas de franchissement de 242,08 p.

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