Key Points
- Tesco insider Ken Murphy purchased 26 shares at GBX 540 each on October 23, for a total of £140.40. He also bought shares in August and September, bringing his recent purchases to 85 shares.
- Tesco shares opened at GBX 533.20, with a 12-month range of GBX 411.70 to GBX 622.50 and a market capitalization of approximately £33.21 billion.
- Analyst sentiment is moderately positive: Tesco has an average “Moderate Buy” rating, with two Buy and two Hold ratings and an average price target of GBX 500.
Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy acquired 26 shares of the stock in a transaction dated Friday, October 23rd. The stock was acquired at an average price of GBX 540 per share, for a total transaction 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 acquired at an average cost of GBX 475 per share, for a total transaction of £137.75.
- On Friday, August 28th, Ken Murphy acquired 30 shares of Tesco stock. The stock was acquired at an average cost of GBX 456 per share, for a total transaction of £136.80.
Tesco Stock Performance
Shares of TSCO opened at GBX 533.20 on Tuesday. Tesco PLC has a 12 month low of GBX 411.70 and a 12 month high of GBX 622.50. The firm has a fifty day simple moving average of GBX 482.19 and a 200 day simple moving average of GBX 469.08. The stock has a market capitalization of £33.21 billion, a price-to-earnings ratio of 19.68, a PEG 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 released its 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%. Research analysts forecast that Tesco PLC will post 27.37 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Tesco from GBX 525 to GBX 550 and gave the company a "buy" rating in a report on Friday, October 9th. Shore Capital Group reiterated a "hold" rating and set a GBX 480 target price on shares of Tesco in a report on Thursday, October 8th. Jefferies Financial Group reiterated a "hold" rating and set a GBX 480 target price on shares of Tesco in a report on Thursday, October 8th. Finally, JPMorgan Chase & Co. reduced their price target on Tesco from GBX 500 to GBX 490 and set an "overweight" rating for the company in a research report on Wednesday, September 2nd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of GBX 500.
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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