Currys (LON:CURY) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Currys (LON:CURY) in a report released on Thursday, Marketbeat reports. The brokerage currently has a GBX 175 ($2.39) price target on the stock.

Currys Stock Down 2.0%

LON:CURY opened at GBX 124.30 ($1.70) on Thursday. Currys has a 1-year low of GBX 71.60 ($0.98) and a 1-year high of GBX 130.18 ($1.78). The company has a 50-day moving average of GBX 121.30 and a 200 day moving average of GBX 103.03. The firm has a market cap of £1.35 billion, a PE ratio of 6.82 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 released its quarterly earnings data on Thursday, July 3rd. The company reported GBX 10 ($0.14) earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. As a group, research analysts anticipate that Currys will post 9.5199569 EPS for the current fiscal year.

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.