Frasers Group (LON:FRAS - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Jefferies Financial Group in a research note issued on Friday, Marketbeat Ratings reports. They currently have a GBX 1,200 ($15.29) price target on the stock. Jefferies Financial Group's price objective would suggest a potential upside of 88.09% from the stock's previous close.
Separately, Shore Capital restated a "buy" rating on shares of Frasers Group in a research report on Friday.
View Our Latest Analysis on Frasers Group
Frasers Group Price Performance
Shares of FRAS stock traded down GBX 24 ($0.31) during mid-day trading on Friday, hitting GBX 638 ($8.13). The company had a trading volume of 849,646 shares, compared to its average volume of 435,038. The company has a debt-to-equity ratio of 77.55, a current ratio of 2.57 and a quick ratio of 0.64. The stock's 50 day moving average price is GBX 777.01 and its 200-day moving average price is GBX 829.33. Frasers Group has a 52-week low of GBX 626.50 ($7.98) and a 52-week high of GBX 949.50 ($12.10). The company has a market capitalization of £2.87 billion, a P/E ratio of 708.89, a P/E/G ratio of 0.30 and a beta of 1.86.
Frasers Group (LON:FRAS - Get Free Report) last announced 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%. Equities research analysts forecast that Frasers Group will post 87.0607029 earnings per share for the current year.
Insider Transactions at Frasers Group
In other Frasers Group news, insider David Daly bought 3,084 shares of the business's stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of GBX 645 ($8.22) per share, with a total value of £19,891.80 ($25,352.79). Company insiders own 77.18% of the company's stock.
About Frasers Group
(
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.
Featured Stories
Before you consider Frasers Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frasers Group wasn't on the list.
While Frasers Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
