Berenberg Bank Reaffirms “Buy” Rating for Currys (LON:CURY)

Currys (LON:CURY)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat reports. They presently have a GBX 175 ($2.35) price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 37.36% from the stock’s current price.

Currys Price Performance

Shares of CURY opened at GBX 127.40 ($1.71) on Wednesday. The stock’s fifty day moving average is GBX 104.06 and its 200-day moving average is GBX 94.23. The firm has a market capitalization of £1.38 billion, a price-to-earnings ratio of 6.99 and a beta of 1.31. Currys has a one year low of GBX 68.90 ($0.92) and a one year high of GBX 128.50 ($1.72). The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

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.