Currys (LON:CURY – Get Free Report) had its price objective boosted by equities researchers at Citigroup from GBX 168 to GBX 184 in a report released on Friday,Digital Look reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price suggests a potential upside of 14.59% from the company’s previous close.
A number of other analysts also recently weighed in on CURY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 155 target price on shares of Currys in a research report on Wednesday, May 20th. Berenberg Bank reissued a “buy” rating and set a GBX 210 target price on shares of Currys in a research note on Thursday. Finally, Royal Bank Of Canada upgraded shares of Currys to an “outperform” rating and dropped their target price for the company from GBX 180 to GBX 165 in a report on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 178.50.
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Currys Stock Performance
Currys (LON:CURY – Get Free Report) last posted its quarterly earnings results on Thursday, July 2nd. The company reported GBX 13.40 earnings per share for the quarter. Currys had a net margin of 1.46% and a return on equity of 5.88%. On average, analysts anticipate that Currys will post 9.5199569 EPS for the current fiscal year.
Currys declared that its Board of Directors has initiated a stock buyback plan on Thursday, July 2nd that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.
Currys Company Profile
Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.
In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.
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