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

Currys logo with Consumer Cyclical background

Currys (LON:CURY - Get Free Report)'s stock had its "buy" rating reissued by analysts at Berenberg Bank in a report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 175 ($2.39) price objective on the stock. Berenberg Bank's price target would suggest a potential upside of 40.34% from the stock's previous close.

Currys Stock Up 5.2%

LON:CURY opened at GBX 124.70 ($1.70) on Thursday. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. The firm's 50-day moving average price is GBX 120.41 and its 200-day moving average price is GBX 102.50. The company has a market capitalization of £1.36 billion, a PE ratio of 6.84 and a beta of 1.31. Currys has a 1-year low of GBX 71.60 ($0.98) and a 1-year high of GBX 130.18 ($1.78).

Currys (LON:CURY - Get Free Report) last announced 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%. On average, equities analysts predict that Currys will post 9.5199569 EPS for the current fiscal year.

About Currys

(Get Free Report)

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.

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