Currys (LON:CURY) Price Target Raised to GBX 175 at Berenberg Bank

Currys (LON:CURY - Free Report) had its price objective lifted by Berenberg Bank from GBX 125 ($1.60) to GBX 175 ($2.24) in a research note issued to investors on Friday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.

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

Currys Trading Down 2.3 %

Currys stock traded down GBX 2.20 ($0.03) during mid-day trading on Friday, hitting GBX 94.55 ($1.21). The company's stock had a trading volume of 2,630,295 shares, compared to its average volume of 6,829,945. Currys has a one year low of GBX 59.50 ($0.76) and a one year high of GBX 104.60 ($1.34). The stock has a market cap of £1.03 billion, a PE ratio of 5.19 and a beta of 1.31. The company has a 50 day moving average of GBX 92.87 and a 200-day moving average of GBX 88.67. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

Insider Buying and Selling

In other news, insider Octavia Morley purchased 35,000 shares of the company's stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 90 ($1.15) per share, for a total transaction of £31,500 ($40,250.45). 10.33% of the stock is owned by company insiders.

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.