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Currys plc ( (GB:CURY) ) just unveiled an update.
Currys plc has announced the completion of a share buy-back program, purchasing 363,373 ordinary shares for cancellation. This move, approved by shareholders, reduces the total number of shares in circulation to 1,132,080,968, potentially impacting shareholder voting rights and market perception of the company’s stock 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 operates in the retail industry, primarily focusing on consumer electronics and home appliances. The company serves a wide market, offering a range of products from computers and televisions to kitchen appliances and mobile devices.
Average Trading Volume: 3,204,915
Technical Sentiment Signal: Buy
Current Market Cap: £1.4B
For an in-depth examination of CURY stock, go to TipRanks’ Overview page.