Frasers Group (LON:FRAS) Receives “Hold” Rating from Shore Capital Group

Shore Capital Group reaffirmed their hold rating on shares of Frasers Group (LON:FRAS) in a research note issued to investors on Friday morning, MarketBeat.com reports. Shore Capital Group currently has a GBX 750 target price on the stock.

FRAS has been the topic of a number of other research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,100 target price on shares of Frasers Group in a report on Thursday, July 2nd. Royal Bank Of Canada raised their target price on Frasers Group from GBX 720 to GBX 750 and gave the company an “underperform” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 866.67.

Frasers Group Trading Up 1.7%

Shares of FRAS opened at GBX 765 on Friday. Frasers Group has a 1-year low of GBX 598 and a 1-year high of GBX 819.50. The company has a current ratio of 1.80, a quick ratio of 0.64 and a debt-to-equity ratio of 104.42. The firm’s 50-day moving average price is GBX 741.80 and its 200-day moving average price is GBX 700.94. The firm has a market capitalization of £3.29 billion, a price-to-earnings ratio of 7.08, a PEG ratio of 0.30 and a beta of 1.23.

Frasers Group (LON:FRAS) last released its quarterly earnings results on Thursday, July 16th. The company reported GBX 79.20 earnings per share (EPS) for the quarter. Frasers Group had a net margin of 7.04% and a return on equity of 15.67%. Sell-side analysts anticipate that Frasers Group will post 87.0607029 EPS for the current 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.