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

Frasers Group (LON:FRAS)‘s stock had its “hold” rating reiterated by equities research analysts at Shore Capital Group in a report issued on Monday,London Stock Exchange reports.

Separately, Royal Bank Of Canada downgraded shares of Frasers Group to a “sector perform” rating and upped their target price for the stock from GBX 775 to GBX 800 in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 950.

Frasers Group Price Performance

FRAS opened at GBX 710.50 on Monday. The stock’s 50-day moving average price is GBX 686.09 and its 200 day moving average price is GBX 699.03. Frasers Group has a 12-month low of GBX 534 and a 12-month high of GBX 775. The firm has a market cap of £3.07 billion, a price-to-earnings ratio of 6.58, a PEG 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 (LON:FRAS) last released its earnings results on Thursday, December 4th. The company reported GBX 49.80 earnings per share for the quarter. Frasers Group had a return on equity of 21.74% and a net margin of 6.95%. As a group, sell-side analysts expect that Frasers Group will post 87.0607029 earnings per share for the current 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.