Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Currys plc ( (GB:CURY) ) has issued an announcement.
Currys Plc has executed a share buy-back program, purchasing 249,396 ordinary shares for cancellation, following shareholder approval at the recent AGM. This move, facilitated through Panmure Liberum Limited, reduces the total number of shares in issue to 1,124,612,720, potentially enhancing shareholder value and adjusting the company’s capital structure.
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 operates in the retail industry, focusing on consumer electronics and home appliances. It is a prominent player in the UK market, offering a wide range of products and services to its customers.
Average Trading Volume: 3,078,368
Technical Sentiment Signal: Buy
Current Market Cap: £1.48B
For a thorough assessment of CURY stock, go to TipRanks’ Stock Analysis page.