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

Currys (LON:CURY)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 210 target price on the stock. Berenberg Bank’s target price points to a potential upside of 46.34% from the stock’s previous close.

Separately, Shore Capital Group restated a “no recommendation” rating on shares of Currys in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 168.67.

Currys Stock Up 13.5%

Shares of CURY opened at GBX 143.50 on Tuesday. The company has a market cap of £1.49 billion, a PE ratio of 12.37 and a beta of 1.23. The business has a fifty day moving average of GBX 131.31 and a 200 day moving average of GBX 134.99. Currys has a 52-week low of GBX 106 and a 52-week high of GBX 162.80. The company has a quick ratio of 0.29, a current ratio of 0.87 and a debt-to-equity ratio of 40.08.

Currys News Summary

Here are the key news stories impacting Currys this week:

• Neutral Sentiment: Stephen Curry-related charity auction headlines, including a $9 million+ lunch bid with Warren Buffett, are generating attention but have no apparent connection to Currys plc’s business or earnings. Anonymous Bidder Pays Over $9 Million For Lunch With Stephen Curry And Warren Buffett
• Neutral Sentiment: Coverage of Stephen Curry’s brand, leadership, and entertainment projects may keep his name in the news, but it does not materially affect Currys plc. Buffett Curry Charity Lunch Shows How A Nine Million Bid Can Unlock Major Tax Savings
• Neutral Sentiment: Rumors about Curry’s next contract and retirement plans are sports-market stories, not business developments for Currys plc. New Stephen Curry Contract Rumors Reveal Warriors’ Confidence in Extension Amid NBA Offseason

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.