Frasers Group (LON:FRAS) Given Buy Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Frasers Group (LON:FRAS - Free Report) in a research note released on Friday, Marketbeat.com reports.

Frasers Group Trading Down 3.6 %

LON FRAS traded down GBX 24 ($0.31) during trading hours on Friday, hitting GBX 638 ($8.13). 849,646 shares of the company were exchanged, compared to its average volume of 435,038. The stock has a market cap of £2.87 billion, a PE ratio of 708.89, 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 77.55. The stock has a 50-day moving average price of GBX 780.87 and a 200 day moving average price of GBX 830.66. Frasers Group has a 52 week low of GBX 626.50 ($7.99) and a 52 week high of GBX 949.50 ($12.10).

Frasers Group (LON:FRAS - Get Free Report) last released its quarterly earnings results on Thursday, December 5th. The company reported GBX 51 ($0.65) EPS for the quarter. Frasers Group had a net margin of 6.88% and a return on equity of 22.54%. Analysts forecast that Frasers Group will post 87.0607029 earnings per share for the current fiscal year.

Insider Activity

In other Frasers Group news, insider David Daly acquired 3,084 shares of the firm's 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 ($25,359.26). 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.