Tesco (LON:TSCO) Stock Price Down 8.7% – What’s Next?

Posted by Doug Wharley on Mar 15th, 2025

Tesco PLC (LON:TSCO – Get Free Report) traded down 8.7% during trading on Saturday . The stock traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.39). 32,628,854 shares traded hands during trading, an increase of 86% from the average session volume of 17,553,332 shares. The stock had previously closed at GBX 371.50 ($4.81).

Analysts Set New Price Targets

TSCO has been the subject of several recent analyst reports. Shore Capital reissued a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their price target on shares of Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an “overweight” rating for the company in a report on Monday, January 13th.

View Our Latest Analysis on TSCO

Tesco Stock Down 8.7 %

The stock has a market cap of £22.64 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 1.43 and a beta of 0.51. The business has a fifty day moving average of GBX 370.38 and a 200 day moving average of GBX 363.38. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60.

Insider Transactions at Tesco

In other news, insider Gerard Murphy purchased 40,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were bought at an average price of GBX 371 ($4.80) per share, with a total value of £148,400 ($191,954.47). Insiders have acquired a total of 40,073 shares of company stock worth $14,867,657 in the last 90 days. 2.51% of the stock is owned by insiders.

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.