Frasers Group (LON:FRAS) Stock Price Up 1.7% – Should You Buy?

Frasers Group Plc (LON:FRAS)’s share price rose 1.7% during mid-day trading on Monday . The stock traded as high as GBX 637.50 ($8.28) and last traded at GBX 633.50 ($8.23). Approximately 265,935 shares changed 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 ($8.09).

Analyst Upgrades and Downgrades

FRAS has been the topic of several recent analyst reports. Shore Capital cut shares of Frasers Group to a “hold” rating in a report on Friday, December 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,200 ($15.59) price target on shares of Frasers Group in a research note on Friday, December 6th.

Frasers Group Price Performance

The firm has a fifty day moving average of GBX 615.81 and a 200 day moving average of GBX 706.41. The company has a market capitalization of £2.64 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 78.73.

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.