Tesco PLC (LON:TSCO - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 352.23 ($4.38) and traded as high as GBX 366.50 ($4.56). Tesco shares last traded at GBX 363.70 ($4.53), with a volume of 18,713,611 shares.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on TSCO shares. JPMorgan Chase & Co. lowered their target price on shares of Tesco from GBX 410 ($5.10) to GBX 400 ($4.98) and set an "overweight" rating on the stock in a report on Monday, January 13th. Shore Capital reaffirmed a "buy" rating on shares of Tesco in a report on Tuesday, December 10th.
Check Out Our Latest Analysis on TSCO
Tesco Stock Performance
The stock has a market capitalization of £25.24 billion, a PE ratio of 1,372.59, a PEG ratio of 1.43 and a beta of 0.51. 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 business's 50 day moving average is GBX 364.83 and its 200 day moving average is GBX 352.60.
Insider Transactions at Tesco
In related news, insider Bertrand Bodson purchased 734 shares of the business's stock in a transaction on Friday, November 22nd. The shares were acquired at an average price of GBX 355 ($4.42) per share, for a total transaction of £2,605.70 ($3,242.13). Corporate insiders own 2.51% of the company's stock.
Tesco Company Profile
(
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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.
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