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Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
Clément Genelot
  • Clément Genelot

Tesco: stronger UK momentum, record valuation, what next?

Post-Kantar's P07 UK market share data release, we have lifted our EPS/FCF by 1%/4% to reflect higher food inflation and stronger market share gains in a UK market that continues to hold steady for now. PT increased to 433p. Despite a less compelling risk/reward at current valuation levels, we cont

Christophe-Raphaël Ganet
  • Christophe-Raphaël Ganet
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