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

Berenberg Bank restated their buy rating on shares of Currys (LON:CURYFree Report) in a research report report published on Friday,Digital Look reports. Berenberg Bank currently has a GBX 125 ($1.62) price target on the stock.

Separately, Shore Capital reissued a “not rated” rating on shares of Currys in a research note on Thursday, January 16th.

Check Out Our Latest Report on Currys

Currys Stock Performance

Currys stock traded up GBX 1.53 ($0.02) during midday trading on Friday, hitting GBX 87.68 ($1.13). The company’s stock had a trading volume of 334,507 shares, compared to its average volume of 5,439,436. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. The company has a market cap of £952.83 million, a price-to-earnings ratio of 4.81 and a beta of 1.31. The company has a 50-day moving average price of GBX 92.21 and a two-hundred day moving average price of GBX 87.03. Currys has a 1-year low of GBX 56.60 ($0.73) and a 1-year high of GBX 101.60 ($1.31).

Currys (LON:CURYGet Free Report) last released its earnings results on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. As a group, sell-side analysts predict that Currys will post 9.5199569 earnings per share for the current year.

Insider Buying and Selling at Currys

In other Currys news, insider Octavia Morley bought 35,000 shares of Currys stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of GBX 90 ($1.16) per share, with a total value of £31,500 ($40,718.72). Company insiders own 10.33% of the company’s stock.

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.

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