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Currys plc ( (GB:CURY) ) has shared an announcement.
Currys plc has announced a significant transaction involving the buy-back and cancellation of 547,733 ordinary shares, following shareholder approval at the recent Annual General Meeting. This move, executed through Panmure Liberum Limited, reduces the total number of shares in circulation, potentially impacting shareholder voting rights and market dynamics.
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 prominent company in the retail industry, focusing primarily on electronics and home appliances. The company serves a wide market, offering a range of products from consumer electronics to household appliances, positioning itself as a key player in the retail sector.
Average Trading Volume: 3,082,767
Technical Sentiment Signal: Buy
Current Market Cap: £1.47B
See more insights into CURY stock on TipRanks’ Stock Analysis page.