. Tesco (LSE: TSCO) The price of shares increased by 23% over the past year, reaching fresh 52-week maxima last month. In 414, it is understandable that some fresh investors can question whether there is still wise time to buy shares, taking into account higher driving. By examining what leading analysts expect, can lend a hand build a more rounded image.

What experts say

There are 13 analysts that I see who currently has the target price of Tesco. The highest price comes from German bankWith 470p forecast for the coming year. Other noteworthy banks cover Goldman Sachs at 430p and Citi in 460p. The lowest target price is 316 pence.

The average goal from the authors is 426 pence. At a wide level, this is a good sign, because it is higher than the current price of shares. I must admit that it is only 3% higher, so it is not to be excited here. However, one of the analysts is that bias is not a sudden drop in the price of the share.

On the other hand, some may not be impressed by even the most bullish prospects of Deutsche Bank. If his forecast is correct, he would signal about 14% of further profits from here. This is not bad, but considering that it is the highest forecast, it may develop some growth investors.

It should be noted that target prices are only opinions. Sure, research teams consist of knowledgeable people. But these numbers should not be treated as an Gospel.

Adding my view

I myself think that Tesco is well prepared for further rally, thanks to lasting benefits in the market. He had a huge 28% share in the supermarket in Great Britain at the beginning of 2025, he helped at an effective price of valuable and sturdy loyalty related to club card.

And let’s not forget about sturdy financial results. The Q1 results published in June showed a 4.7%enhance in sales, and the company expects a full annual operating profit of approximately 2.9 billion GBP. And the purchase of shares is 1 billion GBP.

Despite the last rally, it is not so costly. With price ratio to profit of 14.96, it is below FTSE 100 average. It is true that it is above my fair value of 10, but it is not at a high enough level to worry about a quote.

Having said this, the risk remains. The supermarket sector is extremely competitive. In addition, growing regulatory and cost loads, which include increased business rates for immense stores and wage inflation, may reduce earnings if they remain unheard of.

Ultimately, I agree with the average view of analysts that actions can ensure marginal recognition in the coming year. However, in my opinion this is not an extremely electrifying proposition and I feel that I can find better options for my money on the stock exchange.