Key Points
- Ken Murphy, a Tesco insider, has been buying stock recently—most notably 11,961 shares on Jan 9 at GBX 418 (~£49,997) and a further 32 shares on Jan 16 at GBX 424—indicating insider buying activity.
- Analysts have trimmed some targets but the consensus remains a Moderate Buy with an average price target of GBX 465; four analysts rate Tesco as Buy and one as Hold.
- Tesco shares recently traded around GBX 426.6, inside a 12‑month range of GBX 310.3–480.9, with a market capitalization of £27.14bn and a P/E of 18.79.
Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 32 shares of the business's stock in a transaction dated Friday, January 16th. The shares were bought at an average cost of GBX 424 per share, with a total value of £135.68.
Ken Murphy also recently made the following trade(s):
- On Friday, January 9th, Ken Murphy purchased 11,961 shares of Tesco stock. The stock was bought at an average cost of GBX 418 per share, for a total transaction of £49,996.98.
- On Friday, October 24th, Ken Murphy acquired 30 shares of Tesco stock. The stock was purchased at an average price of GBX 454 per share, for a total transaction of £136.20.
Tesco Price Performance
Shares of Tesco stock opened at GBX 426.60 on Wednesday. The business has a 50 day simple moving average of GBX 441.05 and a two-hundred day simple moving average of GBX 436.39. Tesco PLC has a 12 month low of GBX 310.30 and a 12 month high of GBX 480.90. The stock has a market capitalization of £27.14 billion, a P/E ratio of 18.79, a PEG ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60.
Analysts Set New Price Targets
TSCO has been the topic of several recent research reports. Jefferies Financial Group lowered their target price on shares of Tesco from GBX 450 to GBX 430 and set a "hold" rating on the stock in a research note on Friday, January 16th. JPMorgan Chase & Co. lowered their price target on shares of Tesco from GBX 500 to GBX 480 and set a "buy" rating on the stock in a research report on Monday, January 12th. Shore Capital reaffirmed a "buy" rating on shares of Tesco in a research note on Thursday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Tesco from GBX 500 to GBX 490 and set a "buy" rating on the stock in a research note on Thursday, January 8th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Tesco currently has an average rating of "Moderate Buy" and an average price target of GBX 465.
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Tesco Company Profile
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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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