Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy acquired 32 shares of the business's stock in a transaction that occurred on Friday, August 29th. The shares were acquired at an average cost of GBX 422 per share, with a total value of £135.04.
Ken Murphy also recently made the following trade(s):
- On Monday, July 7th, Ken Murphy acquired 34 shares of Tesco stock. The shares were acquired at an average cost of GBX 406 per share, with a total value of £138.04.
- On Friday, June 6th, Ken Murphy bought 35 shares of Tesco stock. The shares were purchased at an average cost of GBX 392 per share, for a total transaction of £137.20.
Tesco Trading Up 1.8%
TSCO traded up GBX 7.56 during mid-day trading on Monday, hitting GBX 431. 8,048,778 shares of the stock were exchanged, compared to its average volume of 19,521,797. The firm's fifty day moving average is GBX 414.93 and its two-hundred day moving average is GBX 382.62. Tesco PLC has a 1-year low of GBX 310.30 and a 1-year high of GBX 434.50. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35. The company has a market cap of £28.07 billion, a PE ratio of 1,833.26, a PEG ratio of 1.43 and a beta of 0.51.
Analysts Set New Price Targets
TSCO has been the topic of several research reports. Citigroup increased their target price on Tesco from GBX 395 to GBX 460 and gave the stock a "buy" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. boosted their target price on Tesco from GBX 400 to GBX 450 and gave the stock an "overweight" rating in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Tesco presently has an average rating of "Buy" and an average target price of GBX 455.
Check Out Our Latest Analysis on Tesco
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. 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.
Further Reading
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