Deutsche Bank hikes Tesco price target after results
9th Oct 2026 14:28
(Sharecast News) - Deutsche Bank lifted its price target on Tesco to 550p from 525p on Friday after the supermarket chain upped the lower end of annual guidance and its share buyback programme a day earlier, as it posted a rise in interim profits.
Read moreShore Capital stays at 'hold' on Tesco following H1 earnings
8th Oct 2026 12:02
(Sharecast News) - Shore Capital said on Thursday that Tesco had delivered a resilient first‑half performance in a UK grocery market that tightened over the summer, with the grocery chain posting 1.6% constant‑currency sales growth and a 6.3% rise in adjusted underlying earnings.
Read moreTesco lifts lower end of guidance as interim earnings jump 6.5%
8th Oct 2026 07:13
(Sharecast News) - UK supermarket chain Tesco on Thursday lifted the lower end of annual guidance and its share buyback programme after interim profits jumped 6.5% to £1.78bn, sending shares in the firm more than 6% higher in a weak London market.
Read moreShore Capital downgrades Tesco to 'hold', says it's time to pause for breath
12th Aug 2026 14:10
(Sharecast News) - Shore Capital downgraded Tesco on Wednesday to 'hold' from 'buy' and suggested investors pause for breath.
Read moreTesco exploring sale of central and eastern European operations - report
8th Jul 2026 15:09
(Sharecast News) - Tesco is reportedly exploring a sale of its central and eastern European operations.
Read moreGrocery sales shine as heatwave boosts demand - NIQ
23rd Jun 2026 11:14
(Sharecast News) - Grocery sales shone in late May, industry data showed on Tuesday, boosted by warmer weather and the start of a summer of major sporting events.
Read moreShore Capital says 'buy' Tesco despite challenging Q1 comparatives
12th Jun 2026 09:55
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Tesco ahead of the supermarket's first-quarter results next week, though it doesn't expect any big positive surprises with the company facing tough comparatives with last year.
Read moreUK grocery inflation eases to year-low - Worldpanel
28th Apr 2026 07:16
(Sharecast News) - Grocery inflation fell to a year-low in April, industry data showed on Tuesday, despite the spike in global energy prices following the outbreak of war in the Middle East.
Read moreGrocery price inflation ticks higher - Worldpanel
3rd Mar 2026 09:11
(Sharecast News) - Grocery inflation inched back up in February, industry data showed on Tuesday, halting four consecutive months of falls.
Read moreShop price inflation eases to nine-month low - Worldpanel
3rd Feb 2026 11:32
(Sharecast News) - Shop price inflation continued to soften in January, industry data showed on Tuesday, reaching a nine-month low.
Read moreTesco expects profits at upper end of guidance despite sales slowdown
8th Jan 2026 07:27
(Sharecast News) - Supermarket giant Tesco said it expects full-year earnings to be at the top end of forecasts despite a slowdown in underlying sales growth over the key Christmas selling season.
Read moreSupermarket sales jump in run-up to Christmas - Worldpanel
6th Jan 2026 07:23
(Sharecast News) - Supermarket sales rallied in December, industry data showed on Tuesday, as shoppers sought out bargains and grocery inflation moderated.
Read moreLondon open: Stocks start 2026 on a high note
2nd Jan 2026 08:14
(Sharecast News) - London stocks opened higher on the first trading day of 2026 on Friday, recovering from a weaker finish to last year as the market continued to hover around record territory.
Read moreJefferies downgrades Tesco, Next, AB Foods
15th Dec 2025 08:01
(Sharecast News) - Jefferies adjusted its ratings on a host of UK retail stocks on Monday, having updated its consumer disposable spend forecasts for 26/27.
Read moreShoppers seek out festive deals as UK grocery inflation remains high
9th Dec 2025 07:50
(Sharecast News) - Grocery price inflation remained elevated in November, industry research showed on Tuesday, prompting hard-pressed shoppers to seek out festive promotions.
Read more