Frasers Group (LON:FRAS) Hits New 1-Year High – Should You Buy?

Frasers Group Plc (LON:FRAS) hit a new 52-week high during trading on Monday. The stock traded as high as GBX 885.50 and last traded at GBX 876.27, with a volume of 34,154 shares trading hands. The stock had previously closed at GBX 877.

Analyst Ratings Changes

A number of research analysts have weighed in on FRAS shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,100 price target on shares of Frasers Group in a research note on Thursday, July 2nd. Shore Capital Group reissued a “hold” rating and issued a GBX 750 price objective on shares of Frasers Group in a report on Friday, July 24th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 866.67.

Frasers Group Stock Up 1.0%

The firm has a fifty day simple moving average of GBX 817.67 and a 200-day simple moving average of GBX 762.14. The firm has a market cap of £3.79 billion, a price-to-earnings ratio of 10.22, a P/E/G ratio of 0.30 and a beta of 1.24. The company has a debt-to-equity ratio of 104.42, a quick ratio of 0.64 and a current ratio of 1.80.

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.