Currys PLC -6.4% potential downside indicated by Barclays

Currys PLC with ticker (LON:CURY) now has a potential downside of -6.4% according to Barclays.



Barclays set a target price of 67 GBX for the company, which when compared to the Currys PLC share price of 72 GBX at opening today (17/05/2024) indicates a potential downside of -6.4%. Trading has ranged between 43 (52 week low) and 73 (52 week high) with an average of 2,911,127 shares exchanging hands daily. The market capitalisation at the time of writing is £792,879,018.

Currys plc is a omnichannel retailer of technology products and services, operating online and through 720 stores in six countries. The Company’s segments include UK & Ireland and Nordics. UK & Ireland segment comprises operations of Currys, iD Mobile and business to business (B2B) operations. Nordics segment operates both franchise and own stores in Norway, Sweden, Finland, and Denmark with further franchise operations in Iceland, Greenland, and Faroe Islands. In Nordics the Company trades under the Elkjop brand. Its operations include repair facilities in Newark, United Kingdom, a sourcing office in Hong Kong and an extensive distribution network for delivery to stores and homes. Its subsidiaries include Connected World Services Distributions Limited, Carphone Warehouse Europe Limited, CPW Technology Services Limited, Currys Retail Group Limited, DSG International Holdings Limited, and DSG Ireland Limited.