Tesco share price slips to 413p as Shore Capital sticks with Buy — what traders watch next week
Tesco shares closed down 0.7% at 413.20 pence Friday as Shore Capital maintained its buy rating and raised profit forecasts after strong Christmas trading. UK retail sales rose 0.4% in December, beating expectations. Tesco will launch a 10-week crime reporting trial in 40 stores starting Monday. Investors await the grocer’s preliminary results on April 16.