Frasers Group (LON:FRAS) Receives Buy Rating from Jefferies Financial Group

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

FRAS has been the topic of several other research reports. Shore Capital Group reaffirmed a “hold” rating on shares of Frasers Group in a research note on Tuesday, June 16th. Royal Bank Of Canada increased their target price on shares of Frasers Group from GBX 720 to GBX 750 and gave the company an “underperform” rating in a research report on Tuesday, June 16th. One research 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. According to MarketBeat, Frasers Group presently has a consensus rating of “Hold” and a consensus target price of GBX 925.

Frasers Group Stock Down 0.7%

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

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.