Tuesday, December 20, 2005 10:43:05 AM ET
Credit Suisse First Boston
LONDON, December 20 (newratings.com) - Analysts at Credit Suisse First Boston maintain their "outperform" rating on Tesco Plc (TCO.FSE). The target price is set to 380p.
In a research note published this morning, the analysts mention that the company is likely to witness sustainable growth during 1H06, driven by its UK non-food segment and international growth opportunities. Any weakness in Tesco's share price, on account of speculations of the company entering into the US market or changes in top management, would be an attractive investment opportunity, Credit Suisse First Boston believes.
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