Frasers Group (LON:FRAS) Trading 1.7% Higher – Should You Buy?

Frasers Group Plc (LON:FRAS)’s stock price traded up 1.7% on Monday . The stock traded as high as GBX 637.50 ($8.29) and last traded at GBX 633.50 ($8.24). 265,935 shares changed hands during trading, a decline of 79% from the average session volume of 1,242,608 shares. The stock had previously closed at GBX 623 ($8.10).

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Shore Capital cut Frasers Group to a “hold” rating in a report on Friday, December 13th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,200 ($15.60) price target on shares of Frasers Group in a report on Friday, December 6th.

Frasers Group Stock Performance

The company has a market capitalization of £2.70 billion, a P/E ratio of 7.38, a PEG ratio of 0.30 and a beta of 1.86. The company has a debt-to-equity ratio of 78.73, a current ratio of 2.57 and a quick ratio of 0.64. The company has a fifty day moving average price of GBX 617.05 and a two-hundred day moving average price of GBX 704.96.

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.