Tesco (LON:TSCO) Insider Acquires £135.68 in Stock

Tesco PLC (LON:TSCO) insider Ken Murphy acquired 32 shares of the stock in a transaction dated Friday, January 16th. The stock was acquired at an average price of GBX 424 per share, for a total transaction of £135.68.

Ken Murphy also recently made the following trade(s):

• On Friday, January 9th, Ken Murphy bought 11,961 shares of Tesco stock. The shares were acquired at an average price of GBX 418 per share, with a total value of £49,996.98.
• On Friday, October 24th, Ken Murphy purchased 30 shares of Tesco stock. The stock was acquired at an average price of GBX 454 per share, for a total transaction of £136.20.

Tesco Trading Down 1.2%

Shares of LON:TSCO opened at GBX 417.30 on Friday. The company’s 50-day moving average price is GBX 439.85 and its two-hundred day moving average price is GBX 436.17. Tesco PLC has a one year low of GBX 310.30 and a one year high of GBX 480.90. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60. The stock has a market capitalization of £26.54 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Analyst Upgrades and Downgrades

TSCO has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Tesco from GBX 500 to GBX 480 and set a “buy” rating for the company in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft dropped their price objective on Tesco from GBX 500 to GBX 490 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Shore Capital reissued a “buy” rating on shares of Tesco in a research note on Thursday, October 2nd. Finally, Jefferies Financial Group dropped their price target on shares of Tesco from GBX 450 to GBX 430 and set a “hold” rating on the stock in a research report on Friday, January 16th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Tesco has a consensus rating of “Moderate Buy” and an average price target of GBX 465.

Tesco Company Profile

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group. Serving our customers, communities and planet a little better every day is what we do.