Frasers Group (LON:FRAS) Shares Up 1.9% - Still a Buy?

Key Points

• Shares rose 1.9% to GBX 631 (intraday high GBX 642) on Monday, with volume up ~57% to about 2.4 million shares.
• Analysts maintain a consensus "Hold" rating (one Buy, two Hold) with a consensus target price of GBX 950; Shore Capital reiterated its Hold.
• The stock trades below its 50‑ and 200‑day moving averages (GBX 689.75 and GBX 700.33) but shows a low P/E of 5.84 and PEG of 0.30, while carrying high leverage (debt‑to‑equity 98.6%).

Shares of Frasers Group Plc (LON:FRAS - Get Free Report) shot up 1.9% on Monday . The company traded as high as GBX 642 and last traded at GBX 631. 2,395,974 shares traded hands during trading, an increase of 57% from the average session volume of 1,529,195 shares. The stock had previously closed at GBX 619.03.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a "hold" rating on shares of Frasers Group in a research note 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 company presently has a consensus rating of "Hold" and a consensus target price of GBX 950.

Frasers Group Stock Up 1.9%

The business's fifty day moving average price is GBX 689.75 and its 200 day moving average price is GBX 700.33. The company has a market capitalization of £2.72 billion, a P/E ratio of 5.84, a P/E/G ratio of 0.30 and a beta of 1.30. The company has a current ratio of 2.08, a quick ratio of 0.64 and a debt-to-equity ratio of 98.60.

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.

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