Currys plc (LON:CURY) Receives Average Recommendation of “Moderate Buy” from Analysts

Currys plc (LON:CURY) has received an average rating of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 88.40 ($1.12).

Several research analysts have recently weighed in on CURY shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Currys from GBX 58 ($0.74) to GBX 80 ($1.02) and gave the stock a “hold” rating in a report on Tuesday, May 21st. Barclays reaffirmed an “equal weight” rating and issued a GBX 67 ($0.85) price target on shares of Currys in a report on Wednesday, May 15th. Finally, Berenberg Bank raised shares of Currys to a “buy” rating and upped their price target for the stock from GBX 67 ($0.85) to GBX 90 ($1.14) in a report on Wednesday, May 29th.

Currys Trading Down 2.2 %

LON:CURY opened at GBX 76.45 ($0.97) on Friday. The company has a market cap of £863.89 million, a P/E ratio of 1,911.25 and a beta of 1.28. Currys has a 1 year low of GBX 43.02 ($0.55) and a 1 year high of GBX 81.30 ($1.03). The stock’s fifty day moving average price is GBX 69.97 and its two-hundred day moving average price is GBX 59.96. The company has a debt-to-equity ratio of 72.32, a current ratio of 0.86 and a quick ratio of 0.29.

Currys Company Profile

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.