Ken Murphy Purchases 11,961 Shares of Tesco (LON:TSCO) Stock

Tesco PLC (LON:TSCOGet Free Report) insider Ken Murphy bought 11,961 shares of the stock in a transaction dated Friday, January 9th. The shares were purchased at an average price of GBX 418 per share, for a total transaction of £49,996.98.

Ken Murphy also recently made the following trade(s):

  • On Friday, October 24th, Ken Murphy bought 30 shares of Tesco stock. The shares were purchased at an average cost of GBX 454 per share, with a total value of £136.20.

Tesco Trading Down 1.2%

TSCO stock opened at GBX 417.20 on Friday. The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81. The company’s 50-day simple moving average is GBX 448.02 and its 200 day simple moving average is GBX 434.82. Tesco PLC has a 52 week low of GBX 310.30 and a 52 week high of GBX 480.90. The company has a market capitalization of £26.54 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Tesco News Summary

Here are the key news stories impacting Tesco this week:

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TSCO. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Tesco from GBX 470 to GBX 495 and gave the company a “buy” rating in a research report on Friday, October 3rd. Shore Capital reiterated a “buy” rating on shares of Tesco in a research report on Thursday, October 2nd. Jefferies Financial Group restated a “buy” rating and issued a GBX 440 price target on shares of Tesco in a research report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. boosted their price target on Tesco from GBX 450 to GBX 500 and gave the company an “overweight” rating in a research note on Friday, December 5th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Tesco presently has a consensus rating of “Buy” and an average target price of GBX 473.75.

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.

Featured Articles

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

Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.