Currys (LON:CURY) Upgraded to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Currys (LON:CURY) to a buy rating in a research report report published on Tuesday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has GBX 95 ($1.22) price target on the stock, up from their prior price target of GBX 80 ($1.02).

A number of other equities analysts have also commented on the stock. Berenberg Bank lifted their price target on shares of Currys from GBX 90 ($1.15) to GBX 92 ($1.18) and gave the company a buy rating in a research report on Friday, June 28th. Barclays reissued an equal weight rating and set a GBX 67 ($0.86) target price on shares of Currys in a research report on Wednesday, May 15th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of GBX 91.80 ($1.18).

Currys Stock Performance

Shares of LON CURY opened at GBX 77.80 ($1.00) on Tuesday. The business’s 50-day simple moving average is GBX 73.21 and its 200-day simple moving average is GBX 62.47. Currys has a 52 week low of GBX 43.02 ($0.55) and a 52 week high of GBX 81.30 ($1.04). The company has a debt-to-equity ratio of 72.32, a quick ratio of 0.29 and a current ratio of 0.86. The firm has a market cap of £879.14 million, a price-to-earnings ratio of 1,945.00 and a beta of 1.28.

Insider Activity

In related news, insider Steve Johnson bought 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were acquired at an average price of GBX 73 ($0.94) per share, with a total value of £29,200 ($37,402.33). 18.47% of the stock is owned by company insiders.

Currys Company Profile

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.