Curo Group (NYSE:CURO) PT Raised to $20.00 at Credit Suisse Group

Curo Group (NYSE:CURO) had its price objective increased by Credit Suisse Group from $19.00 to $20.00 in a research report report published on Wednesday morning, BenzingaRatingsTable reports. The firm currently has an outperform rating on the stock.

Several other research firms have also recently issued reports on CURO. Buckingham Research initiated coverage on shares of Curo Group in a report on Tuesday, August 13th. They issued a buy rating and a $19.00 price target on the stock. ValuEngine raised shares of Curo Group from a sell rating to a hold rating in a report on Thursday, August 1st. Finally, Zacks Investment Research raised shares of Curo Group from a hold rating to a buy rating and set a $14.00 price target on the stock in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $22.75.

CURO opened at $14.37 on Wednesday. The stock has a market capitalization of $664.98 million, a PE ratio of 7.57 and a beta of 3.63. The firm’s fifty day moving average price is $12.77 and its 200 day moving average price is $11.13. The company has a debt-to-equity ratio of 13.39, a current ratio of 2.86 and a quick ratio of 2.86. Curo Group has a 12-month low of $8.73 and a 12-month high of $32.20.



Curo Group (NYSE:CURO) last posted its quarterly earnings results on Monday, July 29th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.09. The firm had revenue of $264.30 million for the quarter, compared to analysts’ expectations of $270.32 million. Curo Group had a negative net margin of 2.94% and a positive return on equity of 429.23%. On average, equities research analysts forecast that Curo Group will post 2.52 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC raised its holdings in Curo Group by 13.9% in the second quarter. Parametric Portfolio Associates LLC now owns 17,159 shares of the company’s stock valued at $190,000 after acquiring an additional 2,096 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Curo Group by 3,582.4% in the first quarter. BNP Paribas Arbitrage SA now owns 2,504 shares of the company’s stock valued at $25,000 after acquiring an additional 2,436 shares in the last quarter. Bank of Montreal Can raised its holdings in Curo Group by 367.7% in the second quarter. Bank of Montreal Can now owns 3,124 shares of the company’s stock valued at $34,000 after acquiring an additional 2,456 shares in the last quarter. Quantamental Technologies LLC acquired a new stake in Curo Group in the second quarter valued at $28,000. Finally, JPMorgan Chase & Co. raised its holdings in Curo Group by 4.5% in the second quarter. JPMorgan Chase & Co. now owns 131,739 shares of the company’s stock valued at $1,375,000 after acquiring an additional 5,723 shares in the last quarter. 49.78% of the stock is currently owned by hedge funds and other institutional investors.

Curo Group Company Profile

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.

Featured Story: Calculate Your Return on Investment (ROI)

Receive News & Ratings for Curo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curo Group and related companies with MarketBeat.com's FREE daily email newsletter.