Frasers Group (LON:FRAS) Sets New 52-Week High – Time to Buy?

Frasers Group Plc (LON:FRAS – Get Free Report)’s stock price hit a new 52-week high during trading on Monday. The stock traded as high as GBX 992 and last traded at GBX 987.50, with a volume of 346,455 shares. The stock had previously closed at GBX 981.50.

Analyst Ratings Changes

A number of research firms have weighed in on FRAS. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,100 target price on shares of Frasers Group in a research report on Tuesday, October 27th. Shore Capital Group reissued a “hold” rating and issued a GBX 750 price objective on shares of Frasers Group in a research note on Friday, July 24th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 866.67.

View Our Latest Report on Frasers Group

Frasers Group Stock Down 0.1%

The company has a debt-to-equity ratio of 104.42, a quick ratio of 0.64 and a current ratio of 1.80. The stock’s fifty day simple moving average is GBX 837.61 and its two-hundred day simple moving average is GBX 749.22. The company has a market capitalization of £4.20 billion, a price-to-earnings ratio of 11.31, a P/E/G ratio of 0.30 and a beta of 1.31.

Frasers Group Company Profile

(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. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

Further Reading

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