Currys’ (CURY) No Recommendation Rating Reiterated at Shore Capital

Shore Capital restated their no recommendation rating on shares of Currys (LON:CURY) in a research note published on Wednesday morning, MarketBeat.com reports.

A number of other research firms also recently weighed in on CURY. Berenberg Bank upped their target price on Currys from GBX 210 to GBX 215 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup increased 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 equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 170.33.

Currys Trading Down 0.9%

Shares of CURY stock opened at GBX 143.20 on Wednesday. Currys has a 1 year low of GBX 83.95 and a 1 year high of GBX 147.20. The stock has a fifty day moving average of GBX 129.24 and a two-hundred day moving average of GBX 127.76. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86. The firm has a market capitalization of £1.51 billion, a PE ratio of 12.34 and a beta of 1.31.

Currys (LON:CURY) last posted its quarterly earnings data 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%. As a group, research analysts expect that Currys will post 9.5199569 EPS for the current year.

Currys News Summary

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Currys raised its profit outlook after stronger-than-expected Christmas trading, suggesting better near-term earnings momentum and market-share gains during the key season. Currys upgrades profit outlook after strong Christmas trading
• Positive Sentiment: Berenberg boosted its price target for Currys to GBX 215, which signals increasing analyst confidence in the company’s medium-term upside. That raised target can support sentiment if others follow. Berenberg Bank Boosts Currys (LON:CURY) Price Target to GBX 215
• Positive Sentiment: Currys continued its announced buy‑back, repurchasing 71,377 ordinary shares, which reduces share count and is typically supportive of EPS and share price over time. Currys Reduces Share Count with Latest Buy-Back Transaction
• Neutral Sentiment: Shore Capital assigned a “No Recommendation” rating to Currys, which is not overtly bearish but removes a new buy-side endorsement; this may limit short-term buying interest until clearer upgrades appear. Currys (LON:CURY) Earns “No Recommendation” Rating from Shore Capital
• Negative Sentiment: Despite positives, trading volume is below average and the stock is near its 1‑year high, which can blunt upside — some investors may be taking profits or waiting for clearer catalysts (e.g., further upgrades or larger buybacks). No external article

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. 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.