Currys (LON:CURY) Shares Up 10% Following Analyst Upgrade

Shares of Currys plc (LON:CURY) traded up 10% on Thursday after Berenberg Bank raised their price target on the stock from GBX 200 to GBX 210. Berenberg Bank currently has a buy rating on the stock. Currys traded as high as GBX 146 and last traded at GBX 139.26. 565,698,688 shares were traded during trading, an increase of 6,247% from the average session volume of 8,913,231 shares. The stock had previously closed at GBX 126.60.

Separately, Citigroup boosted 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 equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 168.67.

Key Currys News

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.

Currys Stock Down 4.9%

The firm has a 50 day moving average price of GBX 134.09 and a 200-day moving average price of GBX 126.59. The firm has a market cap of £1.36 billion, a price-to-earnings 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.

Currys (LON:CURY) last announced its quarterly earnings data on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. As a group, equities analysts predict that Currys plc will post 9.5199569 EPS for the current fiscal year.

Currys announced that its board has authorized a share buyback program on Thursday, September 4th that allows the company to buyback 0 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

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.