Tesco (LON:TSCO) Insider Purchases £49,996.98 in Stock

Tesco PLC (LON:TSCOGet Free Report) insider Imran Nawaz purchased 11,961 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were purchased at an average cost of GBX 418 per share, with a total value of £49,996.98.

Tesco Stock Performance

Tesco stock opened at GBX 415.40 on Monday. The firm has a market capitalization of £26.42 billion, a P/E ratio of 18.30, a price-to-earnings-growth 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. The company’s 50-day moving average is GBX 447.12 and its 200 day moving average is GBX 435.38. Tesco PLC has a 1-year low of GBX 310.30 and a 1-year high of GBX 480.90.

Key Stories Impacting Tesco

Here are the key news stories impacting Tesco this week:

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TSCO shares. JPMorgan Chase & Co. boosted their price objective on Tesco from GBX 450 to GBX 500 and gave the company an “overweight” rating in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Tesco from GBX 500 to GBX 490 and set a “buy” rating for the company in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and set a GBX 440 price target on shares of Tesco in a report on Tuesday, October 28th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Tesco in a report on Thursday, October 2nd. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 472.50.

View Our Latest Report on Tesco

About Tesco

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Tesco (LON:TSCO)

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