Professional
Added to YB: 2024-11-19
Pitch date: 2024-09-30
TSCO.L [bullish]
Tesco PLC
-0.99%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.
Market Cap
GBP 23.2B
Pitch Price
GBP 3.54
Price Target
N/A
Dividend
3.62%
Sector
Consumer Staples Distribution and Retail
Category
value
L1 Capital Long Short Fund Portfolio Holding: Tesco PLC
TSCO.L: UK's top grocer (28% share), strong balance sheet, property assets 70% of mkt cap. Gaining share, cash generative, buybacks from bank sale. 13x FY25 P/E vs peers 20x+. H1 beat, upgraded guidance. Volume growth as inflation eases. Double-digit EPS growth expected.
Read full article (1 min)