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Currys plc ( (GB:CURY) ) just unveiled an update.
Currys plc has executed a share buy-back program, purchasing 456,043 ordinary shares for cancellation, as authorized by its shareholders. This move reduces the total number of shares in circulation to 1,112,291,093, impacting the company’s voting rights structure and potentially enhancing shareholder value.
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 telecommunications industry, offering a wide range of consumer electronics, home appliances, and related services. The company focuses on providing innovative technology solutions to consumers and businesses across the UK and Ireland.
Average Trading Volume: 2,993,974
Technical Sentiment Signal: Buy
Current Market Cap: £1.5B
For a thorough assessment of CURY stock, go to TipRanks’ Stock Analysis page.