Currys (LON:CURY) Earns “No Recommendation” Rating from Shore Capital

Currys (LON:CURY)‘s stock had its “no recommendation” rating reaffirmed by equities research analysts at Shore Capital in a research note issued to investors on Wednesday, MarketBeat.com reports.

A number of other research firms also recently weighed in on CURY. Berenberg Bank raised their price target on Currys from GBX 210 to GBX 215 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup boosted their price target on 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, According to data from MarketBeat, Currys presently has an average rating of “Buy” and a consensus target price of GBX 170.33.

Currys Trading Up 6.3%

Shares of LON:CURY opened at GBX 143.45 on Wednesday. The firm has a fifty day moving average of GBX 128.96 and a two-hundred day moving average of GBX 127.59. The company has a quick ratio of 0.29, a current ratio of 0.86 and a debt-to-equity ratio of 45.83. Currys has a 12-month low of GBX 83.95 and a 12-month high of GBX 147.20. The firm has a market capitalization of £1.51 billion, a P/E ratio of 12.37 and a beta of 1.31.

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

More Currys News

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Currys upgraded its profit outlook after stronger-than-expected Christmas trading and said festive demand helped it gain market share — a near-term sales and margin beat that underpins the upward revision. Currys upgrades profit outlook after strong Christmas trading
• Positive Sentiment: Multiple outlets report Currys has boosted its profit outlook after robust festive trading, signaling better-than-expected demand and execution across channels. This is the principal driver of today’s share move. Currys boosts profit outlook after strong Christmas
• Positive Sentiment: The LSE/market coverage highlights Currys’ market-share pickup during the festive period and reiterates the company has raised guidance — supporting momentum for near-term earnings upgrades. Currys ups outlook as picks up market share in strong festive trading
• Positive Sentiment: Berenberg raised its price target on Currys from GBX 210 to GBX 215 and assigned a “buy” rating — a broker upgrade that can attract additional investor interest. Digital Look – Broker Ratings (Berenberg)
• Neutral Sentiment: Shore Capital reaffirmed a “no recommendation” stance on the stock — neutral broker action that neither amplifies nor counters the upgrade-driven momentum. Tickerreport – Shore Capital note

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.