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

Shore Capital reissued their hold rating on shares of Frasers Group (LON:FRAS) in a research note released on Thursday, Marketbeat Ratings reports.

Several other equities research analysts have also recently issued reports on FRAS. Royal Bank Of Canada cut Frasers Group to a “sector perform” rating and lifted their price objective for the stock from GBX 775 to GBX 800 in a report on Monday, November 3rd. Jefferies Financial Group lowered their price target on Frasers Group from GBX 1,200 to GBX 1,100 and set a “buy” rating on the stock in a research note on Thursday, August 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 950.

Frasers Group Stock Down 3.6%

LON FRAS opened at GBX 678.50 on Thursday. 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 company has a fifty day moving average of GBX 721.92 and a two-hundred day moving average of GBX 702.63. The firm has a market capitalization of £2.94 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 0.30 and a beta of 1.86. Frasers Group has a 52 week low of GBX 534 and a 52 week high of GBX 775.

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

Insider Buying and Selling at Frasers Group

In related news, insider Andy Lyon purchased 15,000 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was acquired at an average cost of GBX 704 per share, for a total transaction of £105,600. 75.72% of the stock is currently owned by corporate insiders.

About Frasers Group

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.