Frasers Group (LON:FRAS) Stock Price Up 1.7% - Should You Buy?
Frasers Group Plc (LON:FRAS) saw its share price increase by 1.7% to GBX 633.50 ($8.23) during mid-day trading. The stock's trading volume was significantly lower than average, with 265,935 shares exchanged. Analysts have mixed opinions, with Shore Capital downgrading to a "hold" rating, while Jefferies Financial Group maintains a "buy" rating with a price target of GBX 1,200 ($15.59). The company operates in sports and leisure retail across various regions and has a market cap of £2.64 billion.
Frasers Group Plc (LON:FRAS - Get Free Report)'s share price rose 1.7% during mid-day trading on Monday . The stock traded as high as GBX 637.50 ($8.28) and last traded at GBX 633.50 ($8.23). Approximately 265,935 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,242,608 shares. The stock had previously closed at GBX 623 ($8.09).
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Analyst Upgrades and Downgrades
FRAS has been the topic of several recent analyst reports. Shore Capital cut shares of Frasers Group to a "hold" rating in a report on Friday, December 13th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 1,200 ($15.59) price target on shares of Frasers Group in a research note on Friday, December 6th.
View Our Latest Analysis on Frasers Group
Frasers Group Price Performance
The firm has a fifty day moving average of GBX 615.81 and a 200 day moving average of GBX 706.41. The company has a market capitalization of £2.64 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 78.73.
Frasers Group Company Profile
(Get Free Report)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.
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