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

Shore Capital Group reaffirmed their hold rating on shares of Frasers Group (LON:FRAS) in a research report sent to investors on Monday, Marketbeat Ratings reports.

Separately, Royal Bank Of Canada downgraded shares of Frasers Group to a “sector perform” rating and lifted their price objective for the company from GBX 775 to GBX 800 in a research report on Monday, November 3rd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 950.

Frasers Group Stock Up 0.6%

LON:FRAS opened at GBX 710.50 on Monday. Frasers Group has a twelve month low of GBX 534 and a twelve month high of GBX 775. The firm has a market capitalization of £3.07 billion, a price-to-earnings ratio of 6.58, a price-to-earnings-growth 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 78.73. The stock’s 50 day moving average price is GBX 685.16 and its two-hundred day moving average price is GBX 699.15.

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