Frasers Group PLC with ticker (LON:FRAS) now has a potential upside of 36.7% according to Numis.
Numis set a target price of 1,100 GBX for the company, which when compared to the Frasers Group PLC share price of 805 GBX at opening today (14/03/2024) indicates a potential upside of 36.7%. Trading has ranged between 661 (52 week low) and 950 (52 week high) with an average of 348,954 shares exchanging hands daily. The market capitalisation at the time of writing is £3,692,045,999.
Frasers Group PLC is a sporting goods retailer. The Company’s segments include UK Sports, Premium Lifestyle, International, Property, and Financial Services. The UK Sports segment include core sports retail store operations in the United Kingdom, plus all the Company’s sports retail online business, other United Kingdom-based sports retail and wholesale operations, GAME UK stores and online operations, retail store operations in Northern Ireland, and Frasers Fitness. The Premium Lifestyle segment includes the Company’s premium and luxury retail businesses FLANNELS, Cruise, Van Mildert, Jack Wills, House of Fraser, Gieves and Hawkes, and Sofa.com. International segment includes Company’s sports retail stores, management and operating functions in Europe, Asia and the rest of the world. The Property segment include freehold property owning and long leasehold holding property companies. The Financial services include interest charged on amounts advanced to consumer credit customers.
Frasers Group PLC 36.7% potential upside indicated by Numis
- Written by: Charlotte Edwards
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