Tesco PLC (TSCO) Insider John Allan Purchases 20,000 Shares of Stock
Tesco PLC (LON:TSCO) insider John Allan purchased 20,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The stock was acquired at an average cost of GBX 187 ($2.48) per share, for a total transaction of £37,400 ($49,608.70).
Tesco PLC (LON TSCO) opened at 186.60 on Friday. The firm’s 50-day moving average price is GBX 184.23 and its 200-day moving average price is GBX 180.46. Tesco PLC has a 12 month low of GBX 165.35 and a 12 month high of GBX 219.40. The firm’s market cap is GBX 15.22 billion.
A number of analysts have issued reports on TSCO shares. Macquarie reissued an “outperform” rating and issued a GBX 250 ($3.32) price target on shares of Tesco PLC in a research note on Thursday, July 6th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 240 ($3.18) price objective on shares of Tesco PLC in a research note on Friday, July 7th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 225 ($2.98) price objective on shares of Tesco PLC in a research note on Wednesday, July 19th. Shore Capital reaffirmed a “hold” rating on shares of Tesco PLC in a research note on Wednesday, July 12th. Finally, Bryan, Garnier & Co reaffirmed a “sell” rating and issued a GBX 170 ($2.25) price objective on shares of Tesco PLC in a research note on Tuesday, June 20th. Seven equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 191.94 ($2.55).
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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