Currys (LON:CURY) Insider Buys £1,520 in Stock

Currys plc (LON:CURY) insider Elaine Bucknor bought 1,000 shares of Currys stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of GBX 152 per share, for a total transaction of £1,520.

Elaine Bucknor also recently made the following trade(s):

• On Tuesday, September 8th, Elaine Bucknor purchased 2,600 shares of Currys stock. The stock was purchased at an average cost of GBX 151 per share, with a total value of £3,926.

Currys Stock Performance

Currys stock opened at GBX 151.70 on Thursday. The firm has a 50 day simple moving average of GBX 158.37 and a 200-day simple moving average of GBX 147.08. The stock has a market cap of £1.55 billion, a price-to-earnings ratio of 10.46 and a beta of 1.25. The company has a debt-to-equity ratio of 39.53, a current ratio of 0.89 and a quick ratio of 0.29. Currys plc has a 1-year low of GBX 116.70 and a 1-year high of GBX 169.50.

Currys (LON:CURY) last released its quarterly earnings results on Thursday, July 2nd. The company reported GBX 13.40 EPS for the quarter. Currys had a net margin of 1.78% and a return on equity of 7.10%. On average, analysts expect that Currys plc will post 9.5199569 EPS for the current year.

Currys announced that its board has initiated a stock repurchase program on Thursday, July 2nd that allows the company to buyback 0 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CURY. Royal Bank Of Canada upgraded Currys to an “outperform” rating and lowered their price target for the stock from GBX 180 to GBX 165 in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 155 price objective on shares of Currys in a report on Wednesday, May 20th. Citigroup upped their target price on shares of Currys from GBX 168 to GBX 184 and gave the company a “buy” rating in a research report on Friday, July 3rd. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of Currys in a research note on Tuesday, July 14th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 178.50.

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.