Currys PLC -59.3% potential downside indicated by Numis

Currys PLC with ticker (LON:CURY) now has a potential downside of -59.3% according to Numis.



Numis set a target price of 45 GBX for the company, which when compared to the Currys PLC share price of 72 GBX at opening today (17/02/2023) indicates a potential downside of -59.3%. Trading has ranged between 53 (52 week low) and 104 (52 week high) with an average of 2,840,722 shares exchanging hands daily. The market capitalisation at the time of writing is £824,050,103.

Currys plc is a United Kingdom-based omnichannel retailer of technology products and services. The Company is operating approximately 830 stores in 8 countries. The Company operates through three segments: UK & Ireland, Nordics, and Greece. The UK & Ireland segment comprises the operations of Currys, Carphone Warehouse, iD Mobile and business-to-business (B2B) operations. The Nordics segment operates in Norway, Sweden, Finland, and Denmark with franchise operations in Iceland, Greenland, and the Faroe Islands. The Greece segment consists of its ongoing operations in Greece and Cyprus. UK & Ireland, Nordics, and Greece are involved in the sale of consumer electronics and mobile technology products and services, primarily through stores or online channels.