Frasers Group (LON:FRAS) Stock Rating Reaffirmed by Royal Bank of Canada

Frasers Group (LON:FRASGet Rating)‘s stock had its “underperform” rating restated by equities researchers at Royal Bank of Canada in a report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 675 ($8.49) price objective on the stock. Royal Bank of Canada’s target price indicates a potential downside of 3.09% from the company’s current price.

FRAS opened at GBX 696.50 ($8.76) on Monday. The company has a debt-to-equity ratio of 77.51, a current ratio of 1.90 and a quick ratio of 0.76. The company has a market capitalization of £3.39 billion and a price-to-earnings ratio of -136.47. The firm’s fifty day moving average price is GBX 674.09 and its two-hundred day moving average price is GBX 695.69. Frasers Group has a 1 year low of GBX 510 ($6.42) and a 1 year high of GBX 827 ($10.41).

Frasers Group Company Profile (Get Rating)

Frasers Group plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and apparel through department stores, shops, and online in the United Kingdom and internationally. The company operates through five segments: UK Sports Retail, Premium Lifestyle, European Retail, Rest of World Retail, and Wholesale & Licensing.

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