Tesco PLC (LON:TSCO – Get Free Report) insider Ken Murphy purchased 26 shares of the business’s stock in a transaction dated Friday, October 23rd. The shares were acquired at an average price of GBX 540 per share, with a total value of £140.40.
Ken Murphy also recently made the following trade(s):
- On Friday, September 25th, Ken Murphy acquired 29 shares of Tesco stock. The stock was bought at an average price of GBX 475 per share, for a total transaction of £137.75.
- On Friday, August 28th, Ken Murphy bought 30 shares of Tesco stock. The shares were bought at an average cost of GBX 456 per share, for a total transaction of £136.80.
Tesco Trading Down 0.7%
Shares of TSCO stock opened at GBX 531.80 on Thursday. Tesco PLC has a 1 year low of GBX 411.70 and a 1 year high of GBX 622.50. The firm’s fifty day simple moving average is GBX 487.10 and its 200 day simple moving average is GBX 470.45. The firm has a market capitalization of £33.12 billion, a P/E ratio of 19.62, a price-to-earnings-growth ratio of 1.43 and a beta of 0.57. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 127.34.
Tesco (LON:TSCO – Get Free Report) last issued its quarterly earnings results on Thursday, October 8th. The retailer reported GBX 17.50 earnings per share for the quarter. Tesco had a net margin of 2.53% and a return on equity of 16.45%. As a group, sell-side analysts predict that Tesco PLC will post 27.37 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on TSCO shares. JPMorgan Chase & Co. reduced their target price on shares of Tesco from GBX 500 to GBX 490 and set an “overweight” rating for the company in a research note on Wednesday, September 2nd. Jefferies Financial Group restated a “hold” rating and set a GBX 480 price target on shares of Tesco in a research note on Thursday, October 8th. Shore Capital Group reaffirmed a “hold” rating and issued a GBX 480 price target on shares of Tesco in a report on Thursday, October 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Tesco from GBX 525 to GBX 550 and gave the stock a “buy” rating in a research report on Friday, October 9th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Tesco has an average rating of “Moderate Buy” and a consensus price target of GBX 500.
Check Out Our Latest Research Report on TSCO
Tesco Company Profile
Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Across the Group, our purpose is at the core of what we do: serving our customers, communities and planet a little better every day.
Our fantastic team of over 340,000 colleagues go above and beyond to serve our customers. We work hard to be a place where everyone is welcome, where all colleagues can be at their best and build the skills to grow their careers.
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