Shore Capital Reaffirms Buy Rating for Frasers Group (LON:FRAS)

Frasers Group (LON:FRAS)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research report issued to clients and investors on Friday, Marketbeat.com reports.

Frasers Group Stock Performance

LON:FRAS opened at GBX 638 ($8.13) on Friday. The company has a fifty day moving average of GBX 777.01 and a 200-day moving average of GBX 829.33. The firm has a market capitalization of £2.87 billion, a P/E ratio of 708.89, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 77.55. Frasers Group has a twelve month low of GBX 626.50 ($7.98) and a twelve month high of GBX 949.50 ($12.10).

Frasers Group (LON:FRAS) last released its quarterly earnings data on Thursday, December 5th. The company reported GBX 51 ($0.65) EPS for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. As a group, sell-side analysts anticipate that Frasers Group will post 87.0607029 EPS for the current year.

Insider Activity

In other news, insider David Daly bought 3,084 shares of Frasers Group stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of GBX 645 ($8.22) per share, for a total transaction of £19,891.80 ($25,352.79). Corporate insiders own 77.18% of the company’s stock.

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.