|Bid||254.90 x 0|
|Ask||254.90 x 0|
|Day's range||253.70 - 256.40|
|52-week range||210.70 - 332.67|
|Beta (5Y monthly)||0.41|
|PE ratio (TTM)||19.08|
|Earnings date||08 Apr 2020|
|Forward dividend & yield||0.07 (2.65%)|
|Ex-dividend date||10 Oct 2019|
|1y target est||269.93|
British Prime Minister Boris Johnson and his team are reviewing how best to engage with business, his office said on Thursday, after Sky News reported officials were keen to scrap the government's business advice councils. Sky reported Johnson was looking at overhauling five business councils set up in November 2018 by his predecessor Theresa May and that the existing structure was likely to be axed. Johnson has met the co-chairs of the business councils, who include Tesco boss Dave Lewis, BAE Systems Chairman Roger Carr and GlaxoSmithKline Chief Executive Emma Walmsley, only once since he took office in July.
Roland Head looks at the Tesco share price and explains his buying strategy.The post Why I'd buy Tesco shares in a market crash appeared first on The Motley Fool UK.
Stockopedia’s own data points to a jarringly simple stock market truth amidst the daily whirlwind of financial data: share prices that have gone up tend to kee8230;
The Tesco plc (LON: TSCO) share price beats cash any day of the week, in my view.The post Forget the Cash ISA! I'd buy Tesco in a Stocks and Shares ISA instead appeared first on The Motley Fool UK.
Should you buy in a bear market? I think we can find many share price bargains during a market crash.The post What stock should I buy during a market crash? appeared first on The Motley Fool UK.
Tesco , Britain's biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country's competition regulator said on Friday. The Competition and Markets Authority (CMA) said it first discovered that Tesco had been preventing landlords from letting property to other supermarkets during monitoring in 2018. Tesco then reviewed all of its land agreements, finding 23 breaches in total.
Tesco, Britain's biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country's competition regulator said on Friday. The Competition and Markets Authority (CMA) said it first discovered that Tesco had been preventing landlords from letting property to other supermarkets during monitoring in 2018. Tesco then reviewed all of its land agreements, finding 23 breaches in total.
Ocado (LON: OCDO) was the fastest-growing grocer in the UK in 2019, and I think 2020 could be even better.The post Why I think the Ocado share price will continue to beat Tesco in 2020 appeared first on The Motley Fool UK.
(Bloomberg) -- Britain’s largest supermarket chain Tesco Plc is inviting Thai tycoons to the second round of bidding for its operations in Thailand and Malaysia that could fetch more than $7 billion, according to people with knowledge of the matter.Thai billionaire Dhanin Chearavanont’s Charoen Pokphand Group and Central Group, controlled by the Chirathivat family, were picked to proceed with deadline for the bids due in the next few weeks, said the people. Tycoon Charoen Sirivadhanabhakdi’s TCC Group has also been chosen, said the people, who asked not to be identified as the information is private.While the companies are seeking financing for their potential offers, there’s no certainty that they will proceed, the people said. Representatives for Central Group, CP, TCC and Tesco declined to comment.Shares of Tesco on Thursday climbed as much as 1.9% to the highest intraday level since Jan. 10, while the benchmark FTSE 100 Index was little changed.The novel coronavirus outbreak has had a limited effect on dealmaking in South East Asia so far. Central Group, a conglomerate with businesses spanning from department stores to hospitality, raised about $2.5 billion through the spinoff of its retail arm in the country’s largest initial public offering. Lion Air and restaurant-chain operator PT Champ Resto Indonesia are in the process of gauging investor demand for their IPOs.Tesco said in December that it was carrying out a strategic review of its Thai and Malaysian businesses after receiving interest. A sale of the Asian operations would allow the supermarket chain to get an infusion of cash to continue a restructuring of its core U.K. business that has cut thousands of jobs.Tesco has more than 2,000 hypermarkets and convenience stores in Thailand under the “Tesco Lotus” brand. The chain was founded by CP Group in 1994 and later taken over by the British firm, according to its company website. In Malaysia, Tesco has more than 70 shops, according to its annual report. Malaysian conglomerate Sime Darby Bhd owns a 30% stake in Tesco Malaysia.Berli Jucker Pcl, controlled by TCC, bought a controlling stake in Casino Guichard-Perrachon SA’s Thailand supermarket chain Big C Supercenter Pcl for 3.1 billion euros ($3.4 billion) in 2016.Last month, Thailand’s antitrust office established a special committee to evaluate the impact of the potential Tesco deal as a sale might lead to a monopoly or a business that has power over the country’s retail sector.(Updates to add Tesco shares in the fourth paragraph.)\--With assistance from Deirdre Hipwell and Natnicha Chuwiruch.To contact the reporters on this story: Vinicy Chan in Hong Kong at firstname.lastname@example.org;Anuchit Nguyen in Bangkok at email@example.com;Manuel Baigorri in Hong Kong at firstname.lastname@example.orgTo contact the editors responsible for this story: Fion Li at email@example.com, Reinie BooysenFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Tesco share price offers a much more dependable income stream than the State Pension. The post Forget the State Pension! I’d buy the Tesco share price to retire on appeared first on The Motley Fool UK.
Kantar figures show shoppers having a healthier start to the year, with sales of alcohol-free drinks, aubergines and vegetarian burgers soaring at supermarkets.
Britain's grocery industry endured a subdued start to the year with all of the traditional big four supermarket groups seeing year-on-year sales declines in the latest 12-week trading period, industry data showed on Tuesday. Market researcher Kantar said total UK grocery sales rose just 0.3% in the 12 weeks to Jan. 26, as consumers cut down on alcohol and meat, buying-in to "Dry January" and "Veganuary" campaigns.
These two FTSE 100 (INDEXFTSE:UKX) shares could offer long-term income growth in my view.The post No savings at 50? I’d buy these 2 FTSE 100 stocks to boost a passive income in retirement appeared first on The Motley Fool UK.
Britain's biggest retailer Tesco will have to wait until October before its new boss can start after his former employer Walgreens Boots Alliance insisted he see out a non-compete agreement. Tesco said in October last year that Chief Executive Dave Lewis was stepping down in the summer of 2020 after six years in the top job and would be succeeded by Irishman Ken Murphy. No start date was given at the time.
Britain's biggest retailer Tesco will have to wait until October before its new boss can start, it said on Monday. Tesco said in October last year that Chief Executive Dave Lewis was stepping down in the summer of 2020 after six years in the top job and will be succeeded by Ken Murphy. No start date was given at the time.
Today we are going to look at Tesco PLC (LON:TSCO) to see whether it might be an attractive investment prospect. To be...
Can FTSE 100 supermarket chain Tesco (LON: TSCO) power your portfolio in 2020?The post This is what I’d do about Tesco shares today appeared first on The Motley Fool UK.
Sainsbury's committed itself on Tuesday to have net zero greenhouse gas emissions by 2040, a decade ahead of the British government's own target which it said "isn't soon enough". Sainsbury's, Britain's second-biggest supermarket group which trades from some 2,300 locations, employs 185,000 people across Britain and Ireland and has over 27 million customers each week, said it would spend 1.0 billion pounds ($1.3 billion) to hit the target. With consumers demanding less waste and action on the environment, retailers are responding and Sainsbury's said its focus would be on reducing carbon emissions by increasing its use of renewable energy, lowering water consumption, cutting the use of plastic, increasing recycling and tackling food waste.
Plastic wrapping will be scrapped from all all tinned food in a move the supermarket says will save 350 million tonnes of plastic a year.
Good quality companies can offer a lot of comfort to investors. They tend to be strong, stable, profitable firms that deliver predictable returns, have pricing8230;
The Tesco (LON: TSCO) share price remains a long way below its 2007 highs. But that doesn't mean it's a bargain, says Edward Sheldon. The post Forget the Tesco share price. I’d buy this FTSE 100 champion instead appeared first on The Motley Fool UK.