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Tesco plc ( (GB:TSCO) ) has issued an announcement.
Tesco PLC has announced the purchase and cancellation of 2,146,026 ordinary shares as part of its £1.45 billion share buyback program, with the transaction executed on 13 October 2025. This move reduces the total number of shares in issue to 6,500,192,138, reflecting the company’s ongoing efforts to enhance shareholder value and manage its capital structure effectively.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £501.00 price target. To see the full list of analyst forecasts on Tesco plc stock, see the GB:TSCO Stock Forecast page.
Spark’s Take on GB:TSCO Stock
According to Spark, TipRanks’ AI Analyst, GB:TSCO is a Outperform.
Tesco plc’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, while the valuation suggests a premium price. Overall, Tesco is well-positioned for growth, but maintaining financial discipline will be crucial.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco PLC is a leading multinational grocery and general merchandise retailer, primarily operating in the United Kingdom. The company focuses on providing a wide range of products, including food, clothing, and household goods, through its extensive network of stores and online platforms.
Average Trading Volume: 14,534,323
Technical Sentiment Signal: Buy
Current Market Cap: £28.87B
For a thorough assessment of TSCO stock, go to TipRanks’ Stock Analysis page.