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Berenberg Bank Reiterates Buy Rating for Currys (LON:CURY)

Currys logo with Consumer Cyclical background
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Berenberg Bank restated their buy rating on shares of Currys (LON:CURY - Free Report) in a research report report published on Friday, March 14th, Marketbeat Ratings reports. The firm currently has a GBX 125 ($1.62) price target on the stock.

Separately, Shore Capital reiterated a "not rated" rating on shares of Currys in a report on Thursday, January 16th.

Check Out Our Latest Analysis on CURY

Currys Stock Down 0.6 %

LON CURY traded down GBX 0.55 ($0.01) during midday trading on Friday, hitting GBX 90.75 ($1.18). 3,949,852 shares of the company traded hands, compared to its average volume of 5,325,740. The company has a market cap of £986.25 million, a PE ratio of 4.98 and a beta of 1.31. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. Currys has a 52 week low of GBX 59.50 ($0.77) and a 52 week high of GBX 101.60 ($1.32). The company's 50-day simple moving average is GBX 92.03 and its 200-day simple moving average is GBX 87.21.

Insider Transactions at Currys

In related news, insider Octavia Morley acquired 35,000 shares of the business's stock in a transaction dated Tuesday, January 28th. The shares were purchased at an average price of GBX 90 ($1.17) per share, for a total transaction of £31,500 ($40,845.44). Insiders own 10.33% of the company's stock.

About Currys

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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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