Currys (CURY)

Down
Share Price:
147.50p
Market Cap:
£1,601.41m
Change Today:
-2.80p
Sector:
Retailers

BNPP Exane upgrades Currys, says iD Mobile is underappreciated

By Michele Maatouk

Date: Thursday 28 Aug 2025

LONDON (ShareCast) - (Sharecast News) - BNP Paribas Exane upgraded Currys on Thursday to 'outperform' from 'neutral' and lifted the target price to 135p from 115p as it said the iD Mobile business is an underappreciated driver of the company's growth, "enhancing sales, margins, and underpinning valuation".
It noted that iD Mobile is worth nearly one-third of Currys' market capitalisation. "Its leading price proposition can continue to attract subscribers, driving sales and expanding gross margins," it said.

Other drivers include a tech replacement cycle, new product categories, margin-accretive services, and B2B investments, BNP said.

"With a stronger balance sheet, share buybacks are on the horizon."

BNP said gross margin expansion should come from the sale of mobile services in the UK & Ireland and a focus on profitable sales and services in the Nordics.

The bank said it expects this to enable Currys to achieve its target of "at least" 3% adjusted EBIT margins by FY Apr-29E.

At 1300 BST, the shares were up 0.5% at 112.30p.

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 147.50p
Change Today -2.80p
52 Week High 168.20p
52 Week Low 106.90p
Volume 1,451,783
Shares Issued 1,085.70m
Market Cap £1,601.41m

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

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 1
Sell 1
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.