Tesco PLC (LON:TSCO) Insider Alan Stewart Acquires 55 Shares

Tesco PLC (LON:TSCO) insider Alan Stewart acquired 55 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were purchased at an average cost of GBX 249 ($3.28) per share, for a total transaction of £136.95 ($180.15).

Alan Stewart also recently made the following trade(s):

  • On Friday, November 29th, Alan Stewart bought 59 shares of Tesco stock. The shares were purchased at an average price of GBX 235 ($3.09) per share, with a total value of £138.65 ($182.39).

Shares of Tesco stock opened at GBX 245.30 ($3.23) on Tuesday. The stock has a market cap of $24.02 billion and a price-to-earnings ratio of 18.31. The company has a debt-to-equity ratio of 123.58, a quick ratio of 0.47 and a current ratio of 0.80. The stock has a 50 day moving average price of GBX 250.49 and a 200-day moving average price of GBX 236.60. Tesco PLC has a one year low of GBX 210.70 ($2.77) and a one year high of GBX 293.40 ($3.86).

A number of research analysts recently weighed in on TSCO shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 310 ($4.08) target price on shares of Tesco in a report on Thursday, January 2nd. Barclays reaffirmed an “overweight” rating on shares of Tesco in a research note on Tuesday, November 26th. Shore Capital reiterated a “buy” rating on shares of Tesco in a research report on Friday. Deutsche Bank reissued a “buy” rating on shares of Tesco in a research note on Monday, December 9th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Tesco from GBX 280 ($3.68) to GBX 300 ($3.95) and gave the stock an “overweight” rating in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 289.45 ($3.81).

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.

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