Currys (LON:CURY) Hits New 52-Week High – Time to Buy?

by · The Markets Daily

Currys plc (LON:CURY – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 147.80 and last traded at GBX 147.80, with a volume of 2082156 shares traded. The stock had previously closed at GBX 145.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CURY shares. Shore Capital reiterated a “no recommendation” rating on shares of Currys in a research report on Wednesday, January 21st. Citigroup lifted their target price on Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Berenberg Bank boosted their price target on Currys from GBX 210 to GBX 215 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 170.33.

Check Out Our Latest Report on Currys

Currys Trading Up 0.3%

The stock has a market capitalization of £1.56 billion, a P/E ratio of 12.78 and a beta of 1.31. The business has a 50 day simple moving average of GBX 130.84 and a 200-day simple moving average of GBX 128.57. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

Currys (LON:CURY – Get Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. On average, analysts predict that Currys plc will post 9.5199569 EPS for the current 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. 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.

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