Frasers Group (LON:FRAS) Trading 1.7% Higher – Should You Buy?

Frasers Group Plc (LON:FRAS)’s stock price was up 1.7% on Monday . The stock traded as high as GBX 637.50 ($8.29) and last traded at GBX 633.50 ($8.24). Approximately 265,935 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,242,608 shares. The stock had previously closed at GBX 623 ($8.10).

Analysts Set New Price Targets

Several equities analysts recently weighed in on FRAS shares. Shore Capital cut shares of Frasers Group to a “hold” rating in a research note on Friday, December 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,200 ($15.60) target price on shares of Frasers Group in a research note on Friday, December 6th.

Frasers Group Stock Down 0.9 %

The company has a debt-to-equity ratio of 78.73, a current ratio of 2.57 and a quick ratio of 0.64. The company has a market cap of £2.70 billion, a P/E ratio of 7.38, a PEG ratio of 0.30 and a beta of 1.86. The stock has a 50-day moving average of GBX 617.05 and a 200 day moving average of GBX 704.96.

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.