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Tesco plc ( (GB:TSCO) ) has issued an update.
Tesco PLC announced the purchase of 2,446,516 ordinary shares on the London Stock Exchange as part of its £700 million share buyback program. This transaction, executed on June 24, 2025, is part of a broader strategy to enhance shareholder value, with the total shares purchased since April 2025 amounting to 144,588,413, worth over £546 million.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £4.15 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’s overall stock score is driven by its strong financial performance and strategic share buyback program, which reflect a robust financial position and shareholder value enhancement. The technical indicators also show a positive trend, though caution is advised due to the RSI nearing overbought levels. The valuation metrics are solid, offering a reasonable P/E ratio and an attractive dividend yield.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco PLC is a leading multinational retailer based in the United Kingdom, primarily engaged in the grocery and general merchandise sectors. The company operates a chain of supermarkets and convenience stores, with a significant market presence in the UK and other countries.
Average Trading Volume: 23,103,994
Technical Sentiment Signal: Buy
Current Market Cap: £26.3B
For an in-depth examination of TSCO stock, go to TipRanks’ Overview page.