---
title: "Erste Group Reaffirms Their Buy Rating on Tesco plc (TSCO)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285303514.md"
description: "Erste Group has reaffirmed a Buy rating on Tesco plc (TSCO) in a report by Stephan Lingnau, with shares closing at p480.75. The analyst consensus suggests a Moderate Buy rating with an average price target of p513.89, indicating a potential upside of 6.89%. Deutsche Bank also maintains a Buy rating with a price target of p525.00. Lingnau has an average return of 8.5% and a success rate of 63.89% on his stock recommendations."
datetime: "2026-05-06T03:16:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285303514.md)
  - [en](https://longbridge.com/en/news/285303514.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285303514.md)
---

# Erste Group Reaffirms Their Buy Rating on Tesco plc (TSCO)

In a report released on May 4, Stephan Lingnau from Erste Group maintained a Buy rating on Tesco plc. The company’s shares closed yesterday at p480.75.

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Lingnau covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, General Motors, and Toyota Motor. According to TipRanks, Lingnau has an average return of 8.5% and a 63.89% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tesco plc with a p513.89 average price target, representing a 6.89% upside. In a report released on April 20, Deutsche Bank also reiterated a Buy rating on the stock with a p525.00 price target.

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- [TSCO.UK](https://longbridge.com/en/quote/TSCO.UK.md)
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