Citigroup Issues Positive Forecast for Currys (LON:CURY) Stock Price

Currys (LON:CURY - Free Report) had its price target increased by Citigroup from GBX 121 ($1.62) to GBX 150 ($2.01) in a report released on Tuesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Several other brokerages have also recently issued reports on CURY. Shore Capital reissued a "no recommendation" rating on shares of Currys in a research note on Thursday, July 3rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 130 ($1.75) target price on shares of Currys in a report on Friday, July 4th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 175 ($2.35) target price on shares of Currys in a report on Thursday, July 3rd.

Currys Trading Down 0.1%

LON CURY traded down GBX 0.10 ($0.00) during trading hours on Tuesday, hitting GBX 117.40 ($1.58). 1,292,783 shares of the company were exchanged, compared to its average volume of 5,552,568. The stock has a 50-day moving average price of GBX 121.97 and a 200 day moving average price of GBX 104.49. The company has a quick ratio of 0.29, a current ratio of 0.86 and a debt-to-equity ratio of 45.83. Currys has a 52 week low of GBX 71.60 ($0.96) and a 52 week high of GBX 130.18 ($1.75). The stock has a market cap of £1.28 billion, a PE ratio of 6.44 and a beta of 1.31.

Currys (LON:CURY - Get Free Report) last issued its quarterly earnings data on Thursday, July 3rd. The company reported GBX 10 ($0.13) earnings per share for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. Analysts forecast that Currys will post 9.5199569 earnings per share 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.