Currys (LON:CURY) Lifted to “Buy” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Currys (LON:CURY) to a buy rating in a research note published on Tuesday, MarketBeat Ratings reports. They currently have GBX 95 ($1.22) price target on the stock, up from their prior price target of GBX 80 ($1.02).

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank lifted their target price on shares of Currys from GBX 90 ($1.15) to GBX 92 ($1.18) and gave the stock a buy rating in a research note on Friday, June 28th. Barclays reiterated an equal weight rating and set a GBX 67 ($0.86) price target on shares of Currys in a report on Wednesday, May 15th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of GBX 91.80 ($1.18).

Currys Stock Performance

LON:CURY opened at GBX 77.15 ($0.99) on Tuesday. The company has a debt-to-equity ratio of 72.32, a quick ratio of 0.29 and a current ratio of 0.86. Currys has a fifty-two week low of GBX 43.02 ($0.55) and a fifty-two week high of GBX 81.30 ($1.04). The company has a 50 day simple moving average of GBX 72.92 and a two-hundred day simple moving average of GBX 62.37. The company has a market capitalization of £871.80 million, a PE ratio of 1,928.75 and a beta of 1.28.

Insider Activity at Currys

In other Currys news, insider Steve Johnson acquired 40,000 shares of the stock in a transaction on Tuesday, July 2nd. The shares were purchased at an average price of GBX 73 ($0.94) per share, for a total transaction of £29,200 ($37,402.33). 18.47% of the stock is currently owned by insiders.

About Currys

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.