Tesco: stock remains best pick for UBS

(CercleFinance.com) - UBS maintains a buy rating on the share, leaving its target price unchanged at 410 pence, representing 9% upside potential for it.


We expect a solid end to FY 2025; the outlook is cautious for 2026, which gives Tesco room for improvement over the year. The stock remains our top pick and we reiterate our buy rating, UBS says.

The supermarket chain has confirmed its operating profit target of around £2.9bn for 2024/2025.


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.