Frasers Group (LON:FRAS) Sets New 12-Month High – Should You Buy?

Frasers Group Plc (LON:FRAS) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 784.50 and last traded at GBX 762, with a volume of 25627 shares. The stock had previously closed at GBX 765.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,100 price objective on shares of Frasers Group in a research report on Wednesday, April 29th. Shore Capital Group reiterated a “hold” rating on shares of Frasers Group in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 950.

Frasers Group Price Performance

The stock has a market capitalization of £3.32 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 0.30 and a beta of 1.21. The business’s fifty day moving average price is GBX 674.41 and its 200-day moving average price is GBX 686.59. The company has a debt-to-equity ratio of 98.60, a current ratio of 2.08 and a quick ratio of 0.64.

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.