Ken Murphy Acquires 35 Shares of Tesco PLC (LON:TSCO) Stock

Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 35 shares of the business's stock in a transaction on Friday, February 14th. The shares were purchased at an average cost of GBX 395 ($5.01) per share, for a total transaction of £138.25 ($175.18).

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

• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The shares were purchased at an average cost of GBX 364 ($4.61) per share, for a total transaction of £138.32 ($175.27).

Tesco Stock Down 1.6 %

LON:TSCO traded down GBX 6.10 ($0.08) during trading hours on Thursday, reaching GBX 374.80 ($4.75). The company's stock had a trading volume of 28,149,666 shares, compared to its average volume of 15,551,429. The company has a market cap of £25.01 billion, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. Tesco PLC has a one year low of GBX 272.80 ($3.46) and a one year high of GBX 398.10 ($5.04). The business's 50-day moving average is GBX 368.51 and its 200-day moving average is GBX 358.22. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60.

Analysts Set New Price Targets

TSCO has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on shares of Tesco from GBX 410 ($5.20) to GBX 400 ($5.07) and set an "overweight" rating on the stock in a research note on Monday, January 13th. Shore Capital reaffirmed a "buy" rating on shares of Tesco in a research note on Tuesday, December 10th.

About Tesco

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.