Frasers Group’s (FRAS) Hold Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their hold rating on shares of Frasers Group (LON:FRAS) in a research report report published on Friday morning, Marketbeat Ratings reports. They currently have a GBX 750 price objective on the stock.

A number of other research firms have also weighed in on FRAS. Royal Bank Of Canada upped their target price on shares of Frasers Group from GBX 720 to GBX 750 and gave the stock an “underperform” rating in a report on Tuesday, June 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,100 price target on shares of Frasers Group in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 866.67.

Frasers Group Stock Performance

Shares of FRAS opened at GBX 765 on Friday. The business’s 50-day moving average price is GBX 741.80 and its 200-day moving average price is GBX 701.06. Frasers Group has a twelve month low of GBX 598 and a twelve month high of GBX 819.50. The stock has a market cap of £3.29 billion, a PE ratio of 7.08, a P/E/G ratio of 0.30 and a beta of 1.23. The company has a quick ratio of 0.64, a current ratio of 1.80 and a debt-to-equity ratio of 104.42.

Frasers Group (LON:FRAS) last released its quarterly earnings data on Thursday, July 16th. The company reported GBX 79.20 EPS for the quarter. Frasers Group had a net margin of 7.04% and a return on equity of 15.67%. On average, equities analysts forecast that Frasers Group will post 87.0607029 EPS for the current fiscal year.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.