Curo Group (CURO) Upgraded to Strong-Buy by ValuEngine

ValuEngine upgraded shares of Curo Group (NYSE:CURO) from a buy rating to a strong-buy rating in a report released on Wednesday morning.

A number of other equities research analysts also recently commented on CURO. Stephens reaffirmed a buy rating and issued a $23.00 price objective on shares of Curo Group in a research report on Monday, February 5th. Jefferies Group began coverage on Curo Group in a research report on Tuesday, January 2nd. They issued a buy rating and a $19.00 price objective for the company. Janney Montgomery Scott began coverage on Curo Group in a research report on Thursday, January 11th. They issued a buy rating and a $19.00 price objective for the company. William Blair began coverage on Curo Group in a research report on Tuesday, January 2nd. They issued an outperform rating for the company. Finally, Credit Suisse Group began coverage on Curo Group in a research report on Tuesday, January 2nd. They issued an outperform rating and a $21.00 price objective for the company. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of Buy and an average target price of $20.50.

Shares of Curo Group (CURO) opened at $17.50 on Wednesday. The company has a current ratio of 4.84, a quick ratio of 4.84 and a debt-to-equity ratio of 8.56. Curo Group has a 1 year low of $13.50 and a 1 year high of $17.89.

In other news, CEO Donald Gayhardt purchased 30,000 shares of the stock in a transaction on Monday, December 11th. The stock was purchased at an average price of $14.00 per share, with a total value of $420,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William C. Baker purchased 12,000 shares of the stock in a transaction on Monday, December 11th. The shares were purchased at an average cost of $14.00 per share, with a total value of $168,000.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 57,000 shares of company stock valued at $798,000.

A number of hedge funds have recently bought and sold shares of CURO. Goldman Sachs Group Inc. purchased a new stake in Curo Group during the fourth quarter valued at about $427,000. Millennium Management LLC purchased a new stake in Curo Group during the fourth quarter valued at about $1,634,000. Ascend Capital LLC purchased a new stake in Curo Group during the fourth quarter valued at about $2,109,000. Monashee Investment Management LLC purchased a new stake in Curo Group during the fourth quarter valued at about $4,224,000. Finally, Citadel Advisors LLC purchased a new stake in Curo Group during the fourth quarter valued at about $5,446,000. 29.66% of the stock is owned by hedge funds and other institutional investors.

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Curo Group Company Profile

CURO Group Holdings Corp. is a technology enabled and diversified consumer finance company. The Company operates in the United States under two principal brands, Speedy Cash and Rapid Cash, and Avio Credit. In the United Kingdom, the Company operates online as Wage Day Advance and Juo Loans. The Company has three reportable operating segments: the United States, Canada and the United Kingdom.

Analyst Recommendations for Curo Group (NYSE:CURO)

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