Frasers Group (LON:FRAS) Shares Up 1.9% – Still a Buy?

Frasers Group Plc (LON:FRAS) traded up 1.9% on Monday . The company traded as high as GBX 642 and last traded at GBX 631. 2,395,974 shares changed hands during trading, an increase of 57% from the average session volume of 1,529,195 shares. The stock had previously closed at GBX 619.03.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “hold” rating on shares of Frasers Group in a research note on Monday, February 9th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Frasers Group has a consensus rating of “Hold” and a consensus target price of GBX 950.

Frasers Group Stock Up 1.9%

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 stock has a market cap of £2.72 billion, a price-to-earnings ratio of 5.84, a PEG ratio of 0.30 and a beta of 1.30. The firm’s 50-day simple moving average is GBX 689.75 and its two-hundred day simple moving average is GBX 700.33.

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.