Key Points
- Tesco insider Ken Murphy purchased 30 shares on August 28 at GBX 456 per share, spending £136.80. He also bought 31 shares in June at the same price.
- Tesco shares opened at GBX 471.50, with the stock trading between a 12-month low of GBX 411.70 and high of GBX 520.60. The company has a £29.54 billion market capitalization and a P/E ratio of 17.40.
- Analyst sentiment is moderately positive: Tesco has an average “Moderate Buy” rating and a GBX 483.75 consensus price target, though Shore Capital recently downgraded the stock to “Hold.”
Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 30 shares of the firm's stock in a transaction dated Friday, August 28th. The stock was purchased at an average price of GBX 456 per share, with a total value of £136.80.
Ken Murphy also recently made the following trade(s):
- On Friday, June 5th, Ken Murphy purchased 31 shares of Tesco stock. The stock was purchased at an average price of GBX 456 per share, with a total value of £141.36.
Tesco Stock Performance
TSCO stock opened at GBX 471.50 on Wednesday. The stock's 50 day simple moving average is GBX 468.56 and its 200 day simple moving average is GBX 470.10. Tesco PLC has a 12-month low of GBX 411.70 and a 12-month high of GBX 520.60. The firm has a market cap of £29.54 billion, a P/E ratio of 17.40, a P/E/G ratio of 1.43 and a beta of 0.57. The company has a current ratio of 0.59, a quick ratio of 0.60 and a debt-to-equity ratio of 131.55.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on TSCO shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Tesco from GBX 500 to GBX 525 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Shore Capital Group lowered shares of Tesco to a "hold" rating and decreased their price target for the company from GBX 525 to GBX 480 in a report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Tesco currently has an average rating of "Moderate Buy" and an average target price of GBX 483.75.
Check Out Our Latest Research 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. 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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