Currys’ (CURY) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Currys (LON:CURY) in a research note issued to investors on Friday,Digital Look reports. Berenberg Bank currently has a GBX 125 ($1.62) price objective on the stock.

Separately, Shore Capital restated a “not rated” rating on shares of Currys in a research note on Thursday, January 16th.

Currys Stock Up 2.3 %

LON:CURY traded up GBX 2 ($0.03) during trading hours on Friday, hitting GBX 88.15 ($1.14). 366,569 shares of the stock traded hands, compared to its average volume of 5,440,041. The firm has a 50 day moving average price of GBX 92.21 and a 200 day moving average price of GBX 87.03. The firm has a market cap of £958.00 million, a price-to-earnings ratio of 4.84 and a beta of 1.31. Currys has a fifty-two week low of GBX 56.60 ($0.73) and a fifty-two week high of GBX 101.60 ($1.31). The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83.

Currys (LON:CURY) last released its earnings results on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share (EPS) for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. Equities research analysts anticipate that Currys will post 9.5199569 earnings per share for the current year.

Insider Activity

In related news, insider Octavia Morley purchased 35,000 shares of the stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of GBX 90 ($1.16) per share, for a total transaction of £31,500 ($40,718.72). 10.33% of the stock is owned by company insiders.

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.