Tesco (LON:TSCO) Insider Ken Murphy Buys 30 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy bought 30 shares of the stock in a transaction on Friday, October 24th. The stock was acquired at an average cost of GBX 454 per share, for a total transaction of £136.20.

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

• On Friday, September 26th, Ken Murphy acquired 32 shares of Tesco stock. The stock was purchased at an average price of GBX 441 per share, with a total value of £141.12.
• On Friday, August 29th, Ken Murphy acquired 32 shares of Tesco stock. The stock was purchased at an average price of GBX 422 per share, with a total value of £135.04.

Tesco Price Performance

Shares of TSCO stock opened at GBX 457.60 on Tuesday. The stock has a 50 day moving average of GBX 438.53 and a two-hundred day moving average of GBX 407.44. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35. Tesco PLC has a 12 month low of GBX 310.30 and a 12 month high of GBX 459.50. The company has a market capitalization of £29.62 billion, a P/E ratio of 20.16, a P/E/G ratio of 1.43 and a beta of 0.51.

Tesco (LON:TSCO) last announced its quarterly earnings data on Thursday, October 2nd. The retailer reported GBX 15.61 EPS for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. As a group, equities analysts expect that Tesco PLC will post 27.374848 EPS for the current year.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of research reports. Citigroup raised their price objective on Tesco from GBX 395 to GBX 460 and gave the stock a “buy” rating in a research report on Friday, July 18th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Tesco in a research report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft raised their target price on Tesco from GBX 470 to GBX 495 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Finally, Shore Capital restated a “buy” rating on shares of Tesco in a research report on Thursday, October 2nd. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 468.33.

Tesco Company Profile

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.