Berenberg Bank Reiterates Buy Rating for Currys (LON:CURY)

Currys (LON:CURYGet Free Report)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 210 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 40.47% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 155 price objective on shares of Currys in a report on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 177.

Get Our Latest Stock Report on Currys

Currys Trading Up 1.7%

Shares of CURY stock opened at GBX 149.50 on Wednesday. The company has a debt-to-equity ratio of 40.08, a quick ratio of 0.29 and a current ratio of 0.87. The stock has a market capitalization of £1.55 billion, a P/E ratio of 12.89 and a beta of 1.23. The company has a 50 day moving average price of GBX 131.93 and a 200 day moving average price of GBX 135.85. Currys has a fifty-two week low of GBX 106 and a fifty-two week high of GBX 162.80.

More Currys News

Here are the key news stories impacting Currys this week:

  • Neutral Sentiment: Currys plc issued an update confirming its share capital and voting rights figures for regulatory disclosure purposes, a standard administrative filing with limited direct impact on the business outlook or earnings. Currys Updates Share Capital and Voting Rights for Regulatory Disclosures
  • Neutral Sentiment: Most of the other headlines are about NBA star Stephen Curry’s new endorsement deal with Li-Ning and do not appear to have any direct connection to Currys plc or its operations.

About Currys

(Get Free Report)

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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