Tesco (LON:TSCO) Insider Ken Murphy Buys 32 Shares of Stock

Tesco PLC (LON:TSCO) insider Ken Murphy bought 32 shares of Tesco stock in a transaction on Friday, January 16th. The stock was acquired at an average price of GBX 424 per share, for a total transaction of £135.68.

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

• On Friday, January 9th, Ken Murphy bought 11,961 shares of Tesco stock. The shares were bought at an average cost of GBX 418 per share, with a total value of £49,996.98.
• On Friday, October 24th, Ken Murphy purchased 30 shares of Tesco stock. The stock was bought at an average price of GBX 454 per share, for a total transaction of £136.20.

Tesco Trading Up 0.2%

TSCO stock opened at GBX 426.60 on Wednesday. Tesco PLC has a 12 month low of GBX 310.30 and a 12 month high of GBX 480.90. The firm’s 50-day moving average is GBX 441.05 and its 200 day moving average is GBX 436.39. The company has a market capitalization of £27.14 billion, a PE ratio of 18.79, a P/E/G ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TSCO. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Tesco from GBX 500 to GBX 490 and set a “buy” rating on the stock in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their price target on shares of Tesco from GBX 500 to GBX 480 and set a “buy” rating on the stock in a report on Monday, January 12th. Shore Capital restated a “buy” rating on shares of Tesco in a research note on Thursday, October 2nd. Finally, Jefferies Financial Group dropped their price target on shares of Tesco from GBX 450 to GBX 430 and set a “hold” rating on the stock in a research report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 465.

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. Serving our customers, communities and planet a little better every day is what we do.