Shore Capital Group Reaffirms Hold Rating for Frasers Group (LON:FRAS)

Frasers Group (LON:FRAS)‘s stock had its “hold” rating reaffirmed by analysts at Shore Capital Group in a research report issued on Monday, Marketbeat Ratings reports.

Separately, Royal Bank Of Canada lowered Frasers Group to a “sector perform” rating and lifted their price target for the stock from GBX 775 to GBX 800 in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 950.

Frasers Group Trading Up 1.9%

FRAS opened at GBX 716.50 on Monday. The firm has a market capitalization of £3.09 billion, a price-to-earnings ratio of 6.63, a price-to-earnings-growth ratio of 0.30 and a beta of 1.86. The company’s 50 day simple moving average is GBX 684.47 and its two-hundred day simple moving average is GBX 699.39. Frasers Group has a 1-year low of GBX 534 and a 1-year high of GBX 775. The company has a debt-to-equity ratio of 78.73, a current ratio of 2.57 and a quick ratio of 0.64.

Frasers Group (LON:FRAS) last posted its quarterly earnings results on Thursday, December 4th. The company reported GBX 49.80 EPS for the quarter. Frasers Group had a return on equity of 21.74% and a net margin of 6.95%. Analysts expect that Frasers Group will post 87.0607029 EPS for the current fiscal 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.