Frasers Group Share News (FRAS)
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(Sharecast News) - Barclays initiated coverage of Frasers Group on Tuesday with an 'overweight' rating and 1,060p price target, as it said the company was "poised for European expansion".
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(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.
Read more(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.
Read more(Sharecast News) - Retail company Frasers Group announced on Tuesday that it has initiated a non-discretionary share buyback programme with Barclays Bank's investment bank division.
Read more(Alliance News) - Frasers Group PLC on Tuesday launched a buyback of up to GBP80.0 million worth of its shares.
Read more(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve.
Read more(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
Read more(Alliance News) - Stock prices in London were firmly up at midday on Monday, as investors awaited this week's central bank decisions in Japan, the US and the UK.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
Read more(Alliance News) - Stock prices in London opened higher on Monday, as investors anticipated the week's central bank meetings, and considered the latest events in the Middle East.
Read moreFrasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Sells the intellectual property of Missguided Ltd to Shein Group UK Ltd, a fashion and lifestyle e-retailer. Shein will acquire both the intellectual property and trademarks of Missguided, though Frasers doesn't specify at what cost. However, Frasers retains Missguided's real estate and employees, which have now been integrated into its fashion division.
Read more(Sharecast News) - Retail conglomerate Frasers Group has sold the Missguided fast-fashion brand to Shein and hinted a further potential collaborations with the Chinese ecommerce giant - which analysts say could represent a "transformational milestone" for the British company.
Read more(Sharecast News) - Mike Ashley's Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
Read more(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in fast fashion retailer Boohoo again on Wednesday.
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