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Currys plc ( (GB:CURY) ) has provided an update.
Currys plc has announced a share buy-back program, purchasing 859,532 ordinary shares for cancellation, following shareholder approval at its recent Annual General Meeting. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder voting rights.
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, primarily focusing on electronics and home appliances. It operates in the UK and Ireland, offering a wide range of products including computers, televisions, and other consumer electronics.
Average Trading Volume: 3,208,222
Technical Sentiment Signal: Buy
Current Market Cap: £1.44B
See more data about CURY stock on TipRanks’ Stock Analysis page.