Tesco (LON:TSCO) Insider Imran Nawaz Buys 11,961 Shares of Stock

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

Tesco Stock Down 1.6%

Tesco stock opened at GBX 415.40 on Friday. The firm has a 50 day simple moving average of GBX 447.12 and a 200 day simple moving average of GBX 434.90. 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 1-year low of GBX 310.30 and a 1-year high of GBX 480.90. The firm has a market capitalization of £26.42 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 1.43 and a beta of 0.51.

Key Stories Impacting Tesco

Here are the key news stories impacting Tesco this week:

Analyst Upgrades and Downgrades

TSCO has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Tesco from GBX 450 to GBX 500 and gave the stock an “overweight” rating in a report on Friday, December 5th. 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 objective on shares of Tesco in a research report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Tesco from GBX 500 to GBX 490 and set a “buy” rating on the stock in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Tesco currently has an average rating of “Buy” and an average price target of GBX 472.50.

Get Our Latest Research Report on TSCO

Tesco Company Profile

(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.

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

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