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Currys plc ( (GB:CURY) ) has provided an update.
Currys plc has executed a share buy-back program, purchasing and canceling 806,434 of its ordinary shares at an average price of 143.19 pence per share. This move, authorized by shareholders, reduces the total number of shares in circulation to 1,112,747,136, impacting the company’s total voting rights 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 operates in the retail industry, primarily focusing on electronics and home appliances. The company is known for its wide range of consumer electronics, including computers, televisions, and household appliances, catering to a broad market segment.
Average Trading Volume: 2,993,441
Technical Sentiment Signal: Buy
Current Market Cap: £1.52B
For an in-depth examination of CURY stock, go to TipRanks’ Overview page.