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Currys plc ( (GB:CURY) ) has provided an update.
Currys plc has executed a share buy-back program, purchasing 1,124,856 ordinary shares for cancellation, following the authority granted at its recent Annual General Meeting. The move, facilitated by Panmure Liberum Limited, aims to optimize the company’s capital structure and potentially enhance shareholder value, with the total voting rights now adjusted to 1,126,129,445 shares.
The most recent analyst rating on (GB:CURY) stock is a Hold with a £150.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.
Spark’s Take on GB:CURY Stock
According to Spark, TipRanks’ AI Analyst, GB:CURY is a Neutral.
Currys plc shows a positive financial trajectory with strong cash flow and improved leverage, contributing significantly to the score. The technical analysis indicates a bullish trend, though caution is advised due to overbought conditions. Valuation metrics suggest the stock is fairly priced, with a modest dividend yield.
To see Spark’s full report on GB:CURY stock, click here.
More about Currys plc
Currys plc is a leading retailer in the electronics and technology industry, offering a wide range of consumer electronics, home appliances, and related services. The company focuses on providing innovative products and solutions to enhance customers’ digital lifestyles.
Average Trading Volume: 3,197,852
Technical Sentiment Signal: Buy
Current Market Cap: £1.45B
For a thorough assessment of CURY stock, go to TipRanks’ Stock Analysis page.