Frasers Group’s (FRAS) “Buy” Rating Reiterated at Jefferies Financial Group

Frasers Group (LON:FRAS)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research report issued on Thursday,Digital Look reports. They presently have a GBX 1,100 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 47.06% from the stock’s previous close.

Several other research firms have also recently issued reports on FRAS. Royal Bank Of Canada raised their target price on Frasers Group from GBX 720 to GBX 750 and gave the stock an “underperform” rating in a research note on Tuesday, June 16th. Shore Capital Group reaffirmed a “hold” rating on shares of Frasers Group in a research note on Tuesday, June 16th. One 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 925.

Frasers Group Stock Down 0.7%

FRAS stock opened at GBX 748 on Thursday. The firm has a market cap of £3.22 billion, a PE ratio of 6.93, a PEG ratio of 0.30 and a beta of 1.22. The company has a debt-to-equity ratio of 98.60, a quick ratio of 0.64 and a current ratio of 2.08. The firm’s 50 day moving average price is GBX 714.85 and its 200-day moving average price is GBX 691.91. Frasers Group has a one year low of GBX 598 and a one year high of GBX 819.50.

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