Frasers Group (LON:FRAS) Given “Hold” Rating at Shore Capital

Shore Capital reiterated their hold rating on shares of Frasers Group (LON:FRAS) in a report published on Thursday, Marketbeat Ratings reports.

Other analysts have also issued reports about the company. Jefferies Financial Group cut their price objective on Frasers Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a report on Thursday, August 7th. Royal Bank Of Canada downgraded Frasers Group to a “sector perform” rating and raised their price target for the stock from GBX 775 to GBX 800 in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of GBX 950.

Frasers Group Price Performance

Shares of LON:FRAS opened at GBX 726 on Thursday. The company’s fifty day moving average is GBX 722.74 and its two-hundred day moving average is GBX 703. The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 78.73. Frasers Group has a 12-month low of GBX 534 and a 12-month high of GBX 775. The company has a market cap of £3.14 billion, a P/E ratio of 10.76, a price-to-earnings-growth ratio of 0.30 and a beta of 1.86.

Frasers Group (LON:FRAS) last issued its quarterly earnings results on Thursday, December 4th. The company reported GBX 49.80 earnings per share for the quarter. Frasers Group had a return on equity of 21.74% and a net margin of 6.95%. Equities analysts expect that Frasers Group will post 87.0607029 earnings per share for the current fiscal year.

Insider Buying and Selling at Frasers Group

In related news, insider Andy Lyon bought 15,000 shares of Frasers Group stock in a transaction that occurred on Wednesday, October 15th. The stock was purchased at an average cost of GBX 704 per share, for a total transaction of £105,600. Insiders own 75.72% of the company’s stock.

About Frasers Group

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.