Currys (CURY)

Up
Share Price:
150.30p
Market Cap:
£1,631.81m
Change Today:
1.70p
Sector:
Retailers

Citi lifts Currys price target, reiterates 'buy' rating

By Michele Maatouk

Date: Tuesday 15 Jul 2025

LONDON (ShareCast) - (Sharecast News) - Citi reiterated its 'buy' rating on Currys on Tuesday and lifted the price target to 150p from 121p, saying that iD Mobile and buybacks are set to provide material upside.
The bank said that following around £50m working capital investments made in the last two years towards growing iD mobile, its proprietary cohort analysis suggests the benefits from the investment will become apparent in the near term.

Citi estimates that iD mobile will account for the majority of the circa 2% per annum growth in UK & Ireland like-for-like sales it forecasts for FY26e-28e, "implying market conditions need not be favourable to sustain revenue expectations".

"We estimate that 30-45% of UK&I EBIT will come from iD mobile FY26e/FY27e/FY28e (versus circa 20% in FY25a), as the headwinds from ramp-up of newer cohorts fade," Citi said. "We believe iD Mobile alone is worth circa £600m or 45% of Currys' current market cap."

Citi also said it models £50m/£20m/£35m of buybacks in FY26e/FY27e/FY28e, driving a cumulative earnings per share uplift of 1%/5%/7% in addition to the circa 2%-3% dividend yield.

The bank sees further upside in the shares despite a strong year-to-date performance.

At 1010 BST, the shares were up 1% at 120.30p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Currys Market Data

Currency UK Pounds
Price 150.30p
Change Today 1.70p
52 Week High 168.20p
52 Week Low 106.90p
Volume 2,201,897
Shares Issued 1,085.70m
Market Cap £1,631.81m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. full market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector