Currys (LON:CURY) Price Target Raised to GBX 210

Currys (LON:CURY) had its price target boosted by Berenberg Bank from GBX 200 to GBX 210 in a research note issued to investors on Thursday morning, Marketbeat reports. The firm currently has a buy rating on the stock.

Separately, Citigroup upped their target price on shares of Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 168.67.

Currys Stock Performance

Shares of LON CURY opened at GBX 129.40 on Thursday. The company has a market capitalization of £1.36 billion, a P/E ratio of 13.62 and a beta of 1.31. The business’s 50-day moving average price is GBX 134.09 and its two-hundred day moving average price is GBX 126.61. Currys has a one year low of GBX 82 and a one year high of GBX 147.20. 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 released its quarterly earnings data on Thursday, December 18th. The company reported GBX 1.60 EPS for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. Analysts anticipate that Currys will post 9.5199569 earnings per share for the current fiscal year.

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

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 Company Profile

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.