Key Points
- Ken Murphy purchased 29 Tesco shares on Feb 13 at GBX 482 each, adding to recent insider buys including 32 shares on Jan 16 and a large 11,961‑share purchase on Jan 9 at GBX 418.
- Analysts give Tesco a consensus rating of “Moderate Buy” (four Buys, one Hold) with an average target price of GBX 465 after recent target adjustments by major banks.
- Tesco opened at GBX 487.33 (near its 12‑month high of GBX 491.80) and has a market cap of £30.97 billion, a P/E of 21.47, and 50‑/200‑day moving averages around GBX 438–440.
Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 29 shares of Tesco stock in a transaction that occurred on Friday, February 13th. The stock was purchased at an average cost of GBX 482 per share, for a total transaction of £139.78.
Ken Murphy also recently made the following trade(s):
- On Friday, January 16th, Ken Murphy purchased 32 shares of Tesco stock. The shares were purchased at an average price of GBX 424 per share, with a total value of £135.68.
- On Friday, January 9th, Ken Murphy acquired 11,961 shares of Tesco stock. The stock was purchased at an average cost of GBX 418 per share, for a total transaction of £49,996.98.
Tesco Price Performance
Shares of TSCO opened at GBX 487.33 on Tuesday. The firm has a market capitalization of £30.97 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 1.43 and a beta of 0.51. The firm's fifty day simple moving average is GBX 438.31 and its 200-day simple moving average is GBX 439.88. Tesco PLC has a twelve month low of GBX 310.30 and a twelve month high of GBX 491.80. 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 Analysts Forecast Growth
A number of analysts have issued reports on the company. Shore Capital Group reaffirmed a "buy" rating on shares of Tesco in a report on Friday, January 23rd. JPMorgan Chase & Co. decreased their target price on Tesco from GBX 500 to GBX 480 and set a "buy" rating for the company in a research note on Monday, January 12th. Jefferies Financial Group lowered their price target on Tesco from GBX 450 to GBX 430 and set a "hold" rating for the company in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Tesco from GBX 500 to GBX 490 and set a "buy" rating on the stock in a report on Thursday, January 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 465.
Read Our Latest Report on TSCO
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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