Tesco PLC (LON:TSCO) Insider Ken Murphy Purchases 35 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy bought 35 shares of the stock in a transaction on Friday, February 14th. The stock was purchased at an average price of GBX 395 ($4.98) per share, with a total value of £138.25 ($174.40).

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

• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The stock was purchased at an average price of GBX 364 ($4.59) per share, with a total value of £138.32 ($174.49).

Tesco Trading Down 3.6 %

LON:TSCO opened at GBX 382.88 ($4.83) on Wednesday. Tesco PLC has a 12 month low of GBX 272.80 ($3.44) and a 12 month high of GBX 398.10 ($5.02). The firm has a fifty day simple moving average of GBX 367.90 and a 200-day simple moving average of GBX 357.89. 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 capitalization of £25.55 billion, a P/E ratio of 20.04, a PEG ratio of 1.43 and a beta of 0.51.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Shore Capital restated a “buy” rating on shares of Tesco in a research note on Tuesday, December 10th. JPMorgan Chase & Co. lowered their target price on shares of Tesco from GBX 410 ($5.17) to GBX 400 ($5.05) and set an “overweight” rating for the company in a research note on Monday, January 13th.

About Tesco

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.