Tesco Piques Investor Interest as Shares Rise 35%

Tesco is back on the top stocks list after shares rally significantly, joined by financial and mining stocks

Karen Kwok 8 November, 2016 | 8:34AM

Tesco (TSCO) has returned to the top stock list, as chosen by Morningstar.co.uk readers – no doubt due to its 35% share price gain year to date. The food retailer has not been on readers’ top stocks list since June.

Alongside Tesco, banking and financial services stocks continue to be popular among readers, with Lloyds Bank (LLOY) topping the list of the most clicked on stocks for the last 13 months in a row. Mining stocks hold interest for readers thanks to their share price rebound in the second half of the year.

Tesco Share Price Spikes

Morningstar equity analysts are positive on the outlook for Tesco, saying the food retailer “remains a strong omni-channel operator”.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
88 Energy Ltd0.27 GBX0.00
Aviva PLC300.30 GBX2.84
Barclays PLC111.76 GBX4.80
BP PLC307.55 GBX4.11
City of London Ord331.50 GBX1.53
HSBC Holdings PLC346.00 GBX4.53
Lloyds Banking Group PLC29.46 GBX3.66
Royal Dutch Shell PLC B1,171.40 GBX3.54
Tesco PLC224.70 GBX-0.31

About Author

Karen Kwok

Karen Kwok  is a Reporter for Morningstar.co.uk

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