Tesco stock: RBC Capital keeps Hold rating, sets 510p target

Company: Tesco plc
ISIN: GB00BLGZ9862
Ticker: TCO0
Index: FTSE 100

Published on 11/15/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesco stock remains rated Hold by RBC Capital, which set a 510 pence target. The target trails the cited analyst consensus of 525.50 pence.

Analyst keeps Tesco outlook balanced

RBC Capital maintained its Hold rating for Tesco on November 10, 2026.
The 510 pence target sits below the 525.50 pence analyst consensus cited in the report.

Tesco, GB00BLGZ9862, Illustration mit AI erstellt.

RBC Capital maintained its Hold rating on Tesco on November 10, 2026, and set a price target of 510 pence, according to Markets Insider. Analyst Manjari Dhar was cited as the author of the RBC Capital assessment.

RBC keeps a Hold rating

The report places RBC Capital's target below the analyst consensus of 525.50 pence cited for Tesco. It also reports that Tesco's latest earnings release for the quarter ended August 31 showed revenue of 37.35 billion pence and net profit of 1.06 billion pence, compared with 36.04 billion pence and 950 million pence respectively a year earlier.

The rating action gives investors a measured view of Tesco's valuation after the latest reported quarter. The target and consensus figures provide separate reference points for expectations, while the unchanged Hold stance signals that RBC Capital did not adopt a more positive or negative rating in the cited action.