Tesco PLC (LON:TSCO) insider Alan Stewart acquired 73 shares of the company’s stock in a transaction dated Friday, March 24th. The stock was acquired at an average cost of GBX 190 ($2.35) per share, with a total value of £138.70 ($171.30).
Shares of Tesco PLC (LON:TSCO) traded down 0.45% during midday trading on Monday, reaching GBX 190.15. The company’s stock had a trading volume of 7,352,622 shares. Tesco PLC has a one year low of GBX 143.08 and a one year high of GBX 219.40. The firm’s market cap is GBX 15.48 billion. The stock’s 50 day moving average price is GBX 191.71 and its 200 day moving average price is GBX 197.51.
TSCO has been the subject of a number of recent analyst reports. Goldman Sachs Group Inc upped their price objective on Tesco PLC from GBX 145 ($1.79) to GBX 150 ($1.85) and gave the stock a “sell” rating in a research note on Wednesday, December 14th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 200 ($2.47) price objective on shares of Tesco PLC in a research note on Tuesday, January 3rd. Shore Capital reaffirmed a “hold” rating on shares of Tesco PLC in a research note on Wednesday, January 4th. Bryan, Garnier & Co reaffirmed a “sell” rating and issued a GBX 170 ($2.10) price objective on shares of Tesco PLC in a research note on Wednesday, January 4th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a GBX 235 ($2.90) price objective on shares of Tesco PLC in a research note on Thursday, January 5th. Seven research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 197 ($2.43).
Tesco PLC Company Profile
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company’s segments include UK & ROI, which includes the United Kingdom and Republic of Ireland; International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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