Curo Group (CURO) Upgraded at ValuEngine

Curo Group (NYSE:CURO) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday.

Several other equities analysts have also commented on CURO. Stephens reissued a “buy” rating and issued a $23.00 target price on shares of Curo Group in a report on Monday, February 5th. Jefferies Group began coverage on Curo Group in a report on Tuesday, January 2nd. They issued a “buy” rating and a $19.00 target price on the stock. Janney Montgomery Scott began coverage on Curo Group in a report on Thursday, January 11th. They issued a “buy” rating and a $19.00 target price on the stock. William Blair began coverage on Curo Group in a report on Tuesday, January 2nd. They issued an “outperform” rating on the stock. Finally, Credit Suisse Group began coverage on Curo Group in a report on Tuesday, January 2nd. They issued an “outperform” rating and a $21.00 target price on the stock. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $20.50.

Curo Group (NYSE CURO) traded up $0.40 during trading hours on Wednesday, reaching $17.50. The company had a trading volume of 179,000 shares, compared to its average volume of 194,974. The stock has a market capitalization of $772.25 and a price-to-earnings ratio of 15.91. The company has a quick ratio of 4.84, a current ratio of 4.84 and a debt-to-equity ratio of 8.56. Curo Group has a 52-week low of $13.50 and a 52-week high of $17.89.

In related news, insider William C. Baker acquired 12,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was bought at an average price of $14.00 per share, for a total transaction of $168,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Donald Gayhardt acquired 30,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was bought at an average price of $14.00 per share, with a total value of $420,000.00. The disclosure for this purchase can be found here. Insiders purchased 57,000 shares of company stock worth $798,000 in the last three months.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. acquired a new position in Curo Group in the fourth quarter valued at $427,000. Ascend Capital LLC acquired a new position in Curo Group in the fourth quarter valued at $2,109,000. Citadel Advisors LLC acquired a new position in Curo Group in the fourth quarter valued at $5,446,000. Finally, Monashee Investment Management LLC acquired a new position in Curo Group in the fourth quarter valued at $4,224,000. Institutional investors own 29.66% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This story was published by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/02/14/curo-group-curo-upgraded-at-valuengine.html.

Curo Group Company Profile

CURO Group Holdings Corp. is a technology enabled and diversified consumer finance company. The Company operates in the United States under two principal brands, Speedy Cash and Rapid Cash, and Avio Credit. In the United Kingdom, the Company operates online as Wage Day Advance and Juo Loans. The Company has three reportable operating segments: the United States, Canada and the United Kingdom.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Curo Group (NYSE:CURO)

Receive News & Ratings for Curo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curo Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply