Tesco PLC (LON:TSCO) Insider Gerard Murphy Acquires 40,000 Shares

Tesco PLC (LON:TSCO) insider Gerard Murphy purchased 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average price of GBX 371 ($4.62) per share, for a total transaction of £148,400 ($184,760.96).

Tesco Price Performance

Shares of LON:TSCO opened at GBX 368.80 ($4.59) on Thursday. The company has a 50 day moving average of GBX 365.28 and a 200 day moving average of GBX 352.73. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.42. The stock has a market cap of £25.12 billion, a P/E ratio of 1,365.93, a P/E/G ratio of 1.43 and a beta of 0.51. Tesco PLC has a 12 month low of GBX 272.30 ($3.39) and a 12 month high of GBX 375.70 ($4.68).

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Shore Capital reissued a “buy” rating on shares of Tesco in a report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their price objective on Tesco from GBX 410 ($5.10) to GBX 400 ($4.98) and set an “overweight” rating on the stock in a research note on Monday, January 13th.

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.