Currys (LON:CURY) Stock Rating Upgraded by Royal Bank Of Canada

Currys (LON:CURY) was upgraded by equities researchers at Royal Bank Of Canada to an “outperform” rating in a report issued on Tuesday,London Stock Exchange reports. The firm currently has a GBX 165 target price on the stock, down from their previous target price of GBX 180. Royal Bank Of Canada’s target price would indicate a potential upside of 7.35% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 155 price objective on shares of Currys in a research report on Wednesday, May 20th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of Currys in a research note on Wednesday, June 3rd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 174.

Currys Stock Up 2.3%

Shares of LON CURY traded up GBX 3.50 on Tuesday, hitting GBX 153.70. The company had a trading volume of 10,568,577 shares, compared to its average volume of 18,595,678. 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 has a 12-month low of GBX 106 and a 12-month high of GBX 162.80. The firm has a market capitalization of £1.60 billion, a P/E ratio of 13.25 and a beta of 1.27. The business has a 50 day moving average of GBX 136.49 and a two-hundred day moving average of GBX 137.39.

Key Headlines Impacting Currys

Here are the key news stories impacting Currys this week:

• Neutral Sentiment: No meaningful Currys plc operating, earnings, trading, or strategic news was included in the latest headlines; the company-specific stock move is therefore likely being driven by broader market factors or unrelated sentiment.
• Neutral Sentiment: Most of the headlines reference Stephen Curry, Seth Curry, or filmmaker Curry Barker, which are not connected to Currys plc and should not be interpreted as a business catalyst for CURY.

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.