Insider Buying: Tesco PLC (TSCO) Insider Purchases 78 Shares of Stock
Tesco PLC (LON:TSCO) insider Dave Lewis bought 78 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average cost of GBX 177 ($2.30) per share, for a total transaction of £138.06 ($179.79).
Dave Lewis also recently made the following trade(s):
- On Friday, June 16th, Dave Lewis bought 77 shares of Tesco PLC stock. The stock was purchased at an average cost of GBX 179 ($2.33) per share, for a total transaction of £137.83 ($179.49).
Shares of Tesco PLC (LON TSCO) traded down 0.56% during trading on Monday, reaching GBX 176.20. The company’s stock had a trading volume of 7,074,695 shares. The stock’s market capitalization is GBX 14.37 billion. Tesco PLC has a 1-year low of GBX 154.83 and a 1-year high of GBX 219.40. The company’s 50-day moving average price is GBX 173.57 and its 200 day moving average price is GBX 182.90.
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Several research analysts recently weighed in on TSCO shares. Macquarie reaffirmed an “outperform” rating and issued a GBX 250 ($3.26) target price on shares of Tesco PLC in a research report on Friday, May 19th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 240 ($3.13) target price on shares of Tesco PLC in a research report on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 150 ($1.95) target price on shares of Tesco PLC in a research report on Tuesday, April 18th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 260 ($3.39) target price on shares of Tesco PLC in a research report on Wednesday, June 7th. Finally, Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 140 ($1.82) target price (down from GBX 160 ($2.08)) on shares of Tesco PLC in a research report on Tuesday, April 18th. Seven research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 192.25 ($2.50).
About Tesco PLC
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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