Frasers Group (LON:FRAS) Earns Buy Rating from Shore Capital

Frasers Group (LON:FRAS)‘s stock had its “buy” rating reiterated by Shore Capital in a research note issued on Friday,Digital Look reports.

Frasers Group Stock Down 2.3 %

Shares of FRAS stock opened at GBX 646.50 ($8.25) on Friday. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 77.55. Frasers Group has a 12 month low of GBX 626.50 ($7.99) and a 12 month high of GBX 949.50 ($12.12). The stock has a market cap of £2.91 billion, a P/E ratio of 718.33, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a 50 day simple moving average of GBX 780.87 and a two-hundred day simple moving average of GBX 830.66.

Frasers Group (LON:FRAS) last posted its quarterly earnings data on Thursday, December 5th. The company reported GBX 51 ($0.65) EPS for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. On average, research analysts expect that Frasers Group will post 87.0607029 earnings per share for the current year.

Insider Transactions at Frasers Group

In related news, insider David Daly bought 3,084 shares of the stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of GBX 645 ($8.23) per share, with a total value of £19,891.80 ($25,381.91). Corporate insiders own 77.18% of the company’s stock.

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.