Tesco (LON:TSCO) Given “Buy” Rating at Shore Capital

Posted by ABMN Staff on Apr 13th, 2025

Shore Capital reiterated their buy rating on shares of Tesco (LON:TSCO – Free Report) in a report released on Thursday, MarketBeat.com reports.

Separately, JPMorgan Chase & Co. dropped their price objective on shares of Tesco from GBX 410 ($5.37) to GBX 400 ($5.24) and set an “overweight” rating for the company in a report on Monday, January 13th.

Read Our Latest Stock Report on TSCO

Tesco Trading Up 2.9 %

Shares of Tesco stock opened at GBX 323.67 ($4.24) on Thursday. Tesco has a 1-year low of GBX 277.50 ($3.63) and a 1-year high of GBX 398.10 ($5.21). The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60. The stock has a market cap of £21.60 billion, a P/E ratio of 16.94, a P/E/G ratio of 1.43 and a beta of 0.51. The stock’s 50 day simple moving average is GBX 353.97 and its 200-day simple moving average is GBX 358.65.

Tesco (LON:TSCO – Get Free Report) last released its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.36) earnings per share for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. Analysts predict that Tesco will post 27.374848 EPS for the current fiscal year.

Insider Activity at Tesco

In related news, insider Ken Murphy purchased 40,000 shares of the company’s stock in a transaction on Friday, April 11th. The stock was acquired at an average cost of GBX 326 ($4.27) per share, for a total transaction of £130,400 ($170,680.63). Over the last three months, insiders have acquired 80,110 shares of company stock worth $27,921,384. Insiders own 2.51% of the company’s stock.

About Tesco

(Get Free Report)

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.