Previous  of  Companies Next Lloyds Banking Group Whitbread Marstons Standard Chartered British Land Co HMV Group Bunzl Stagecoach Group Tesco Tesco PLC Buy at 418p (this week’s price 419p) suggests Deutsche Bank. Tesco, the UK’s leading grocer, recently reported its best Christmas sales for three years. The company reported a 4.9pc rise in U.K. same-store sales excluding fuel and VAT, an outcome which sees Tesco back in the industry pack, comments Deutsche.   Related Articles Buy GlaxoSmithKline Shares tips: buy William Hill Share tips: buy M&S, sell Ryanair Share tips: hold Barratt Share tips: buy Shell, Next Share tips: buy Reckitt Benckiser Furthermore, whilst an early issue of clubcard vouchers may have added 0.8pc to sales, Deutsche sees this as a non issue, with it being real growth paid for by Tesco, just like any other promotion. Finally, although non-food sales also accelerated, ultimately food sales drove the performance, concludes Deutsche.[Read more...]