Frasers Group Plc (LON:FRAS – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 840 and last traded at GBX 829.50, with a volume of 27064 shares traded. The stock had previously closed at GBX 826.
Wall Street Analyst Weigh In
FRAS has been the topic of a number of analyst reports. Shore Capital Group reaffirmed a “hold” rating and issued a GBX 750 price objective on shares of Frasers Group in a research note on Friday, July 24th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,100 price target on shares of Frasers Group in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada increased their target price on shares of Frasers Group from GBX 720 to GBX 750 and gave the stock an “underperform” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 866.67.
Read Our Latest Stock Report on FRAS
Frasers Group Stock Down 0.5%
Frasers Group (LON:FRAS – Get Free Report) last posted its earnings results on Thursday, July 16th. The company reported GBX 79.20 earnings per share (EPS) for the quarter. Frasers Group had a net margin of 7.04% and a return on equity of 15.67%. On average, sell-side analysts anticipate that Frasers Group Plc 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.
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