(CercleFinance.com) – Tesco gained more than 1% and thus outperformed the trend in London, helped by positive comments from UBS which reaffirmed its ‘buy’ recommendation as well as its price target of 300 pence on the group’s share price. food distribution.
Broker raises retail EBIT estimates, forecasting ‘strong’ first half (October 4 release) and expects ‘consensus to follow’ though management’s hike in targets may have to wait ‘.
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