Frasers Group Plc (LON:FRAS – Get Free Report)’s share price dropped 0.3% during trading on Thursday . The company traded as low as GBX 875 ($11.10) and last traded at GBX 882 ($11.19). Approximately 281,814 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 351,818 shares. The stock had previously closed at GBX 885 ($11.23).
Wall Street Analyst Weigh In
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 1,100 ($13.95) price objective on shares of Frasers Group in a research note on Friday, March 8th.
Frasers Group Stock Down 0.3 %
About Frasers Group
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.
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