Key Points
- Ken Murphy purchased 11,961 Tesco shares on Jan. 9 at GBX 418 (about £49,997), and another insider, Imran Nawaz, made an identical purchase the same day — insider buying that can bolster investor confidence.
- Wall Street firms maintain an overall Buy consensus on Tesco with an average target of GBX 472.50; JPMorgan raised its target to GBX 500 while Deutsche Bank trimmed its target to GBX 490 but kept a Buy rating.
- Tesco said strong Christmas trading lifted profit toward the top of its ~£3.1bn guidance and raised its fiscal 2026 outlook, even as the stock opened at GBX 415.40, trading below its 50- and 200-day moving averages.
Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 11,961 shares of the firm's stock in a transaction that occurred on Friday, January 9th. The stock was bought at an average price of GBX 418 per share, with a total value of £49,996.98.
Ken Murphy also recently made the following trade(s):
- On Friday, October 24th, Ken Murphy bought 30 shares of Tesco stock. The shares were bought at an average cost of GBX 454 per share, for a total transaction of £136.20.
Tesco Stock Down 1.6%
TSCO stock opened at GBX 415.40 on Friday. The firm's 50-day moving average is GBX 447.12 and its two-hundred day moving average is GBX 434.90. The company has a market capitalization of £26.42 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. Tesco PLC has a 52 week low of GBX 310.30 and a 52 week high of GBX 480.90. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35.
Wall Street Analyst Weigh In
TSCO has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on Tesco from GBX 500 to GBX 490 and set a "buy" rating for the company in a research report on Thursday. Jefferies Financial Group restated a "buy" rating and issued a GBX 440 price objective on shares of Tesco in a report on Tuesday, October 28th. JPMorgan Chase & Co. raised their target price on Tesco from GBX 450 to GBX 500 and gave the company an "overweight" rating in a research note on Friday, December 5th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Tesco in a report on Thursday, October 2nd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of GBX 472.50.
Get Our Latest Stock Report on TSCO
Trending Headlines about Tesco
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About Tesco
(
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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.
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