Berenberg Bank Forecasts Strong Price Appreciation for Currys (LON:CURY) Stock

Currys (LON:CURY) had its target price hoisted by research analysts at Berenberg Bank from GBX 200 to GBX 210 in a research report issued on Thursday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 62.29% from the company’s current price.

Separately, Citigroup lifted their price objective on Currys from GBX 150 to GBX 166 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Currys has a consensus rating of “Buy” and a consensus price target of GBX 168.67.

Currys Trading Down 4.9%

Shares of LON CURY opened at GBX 129.40 on Thursday. Currys has a fifty-two week low of GBX 82 and a fifty-two week high of GBX 147.20. The firm has a market capitalization of £1.36 billion, a P/E ratio of 13.62 and a beta of 1.31. 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’s 50 day simple moving average is GBX 134.09 and its 200 day simple moving average is GBX 126.59.

Currys (LON:CURY) last released its earnings results on Thursday, December 18th. The company reported GBX 1.60 EPS for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. On average, analysts predict that Currys will post 9.5199569 EPS for the current year.

Currys declared that its Board of Directors has authorized a share repurchase program on Thursday, September 4th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Currys News Summary

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Berenberg raised its price target on Currys from GBX 200 to GBX 210 and kept a “buy” rating — a clear vote of confidence from a broker that can support longer‑term upside. Digital Look
• Neutral Sentiment: Currys published its quarterly results (GBX 1.60 EPS for the quarter), with a net margin of 2.38% and ROE of 9.53%; management hosted a conference call and slide deck is available — the print provides transparency but did not produce a clear catalyst to reverse the intra‑day selloff. Earnings & Call
• Neutral Sentiment: A large portion of the incoming news in the feed is sport/celebrity related (stories about Stephen Curry, Devin Booker, sneaker talk) and is unlikely to affect Currys plc’s retail fundamentals or investor sentiment materially. Example: coverage of Stephen Curry’s sneaker free agency. Article Title
• Negative Sentiment: Balance-sheet and liquidity metrics remain a potential concern for some investors: debt-to-equity ≈ 45.8, current ratio 0.86 and quick ratio 0.29 — low short‑term liquidity can amplify negative reactions to mixed earnings and constrain market confidence.

About Currys

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.