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Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

London Stock Exchange
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Share Price: 857.50
Bid: 857.50
Ask: 858.50
Change: 0.00 (0.00%)
Spread: 1.00 (0.117%)
Open: 0.00
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Prev. Close: 857.50
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LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

Mon, 29th Apr 2024 10:02

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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FTSE 100

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Deutsche Bank raises Experian target to 3,500 (2,918) pence - 'hold'

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Deutsche Bank starts JD Sports with 'hold' - price target 115 pence

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Barclays cuts JD Sports to 'equal weight' - price target 140 pence

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Deutsche Bank starts Frasers with 'buy' - price target 1,000 pence

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RBC raises AB Foods price target to 2,900 (2,700) pence - 'outperform'

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Barclays raises Unilever price target to 5,000 (4,600) pence - 'overweight'

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DZ Bank raises AstraZeneca price target to 12,200 (10,400) pence - 'hold'

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Barclays raises Beazley price target to 910 (790) pence - 'overweight'

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UBS raises NatWest price target to 340 (315) pence - 'buy'

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Berenberg raises NatWest price target to 350 (325) pence - 'buy'

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JPMorgan raises NatWest price target to 350 (330) pence - 'overweight'

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RBC raises NatWest price target to 355 (340) pence - 'sector perform'

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Bank of America raises NatWest price target to 335 (320) pence - 'buy'

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RBC raises Barclays price target to 260 (255) pence - 'outperform'

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Bank of America cuts London Stock Exchange price target to 10,700 (11,100) pence - 'buy'

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FTSE 250

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Deutsche Bank starts Watches of Switzerland with 'hold' - price target 370 pence

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Deutsche Bank starts Moonpig with 'hold' - price target 180 pence

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Deutsche Bank starts Dr Martens with 'hold' - price target 65 pence

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Deutsche Bank starts Currys with 'hold' - price target 58 pence

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Deutsche Bank starts AO World with 'buy' - price target 120 pence

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Barclays raises Lancashire price target to 790 (770) pence - 'equal weight'

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Barclays raises Hiscox price target to 1,340 (1,190) pence - 'equal weight'

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RBC cuts WH Smith price target to 1,500 (1,600) pence - 'outperform'

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HSBC reinitiates Serco with 'buy' - price target 210 pence

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SMALL CAP, AIM AND OTHER MAIN MARKET

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Deutsche Bank starts Motorpoint with 'buy' - price target 170 pence

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Deutsche Bank starts boohoo with 'sell' - price target 27 pence

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Deutsche Bank starts Mothercare with 'buy' - price target 12 pence

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Goldman Sachs raises Just Eat Takeaway price target to 16 (15.80) EUR - 'neutral'

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Peel Hunt raises Sabre Insurance to 'buy' - price target 210 pence

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Jefferies cuts AB Dynamics price target to 1,490 (1,500) pence - 'underperform'

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Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All rights reserved.

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IN BRIEF: Frasers withdraws from deal to acquire insolvent SportScheck

Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Withdraws from agreement to acquired SportScheck GmbH from Signa Retail Department Store Holding GmbH, as announced last month, as SportScheck has filed for insolvency. The deal was subject to merger control clearance before Frasers pulled out. Says: "While Frasers is disappointed by the insolvency of SportScheck, it continues to believe that SportScheck is an attractive asset in one of Europe's most important markets for sports and it intends to work with the appointed preliminary insolvency administrator of SportScheck with a view to acquiring the SportScheck business/assets out of administration. Frasers remains committed to our ambition to become the leading sports retailer in [Europe, the Middle East & Africa]."

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Frasers backs out of takeover after SportsCheck files for bankruptcy

(Sharecast News) - Mike Ashley's Frasers Group said on Thursday that it has backed out of plans to buy SportsCheck after the German sports retailer filed for insolvency.

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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Frasers Group 'poised for European expansion', says Barclays

(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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Frasers kicks off £80m share buyback

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Frasers launches GBP80 million share buyback programme

(Alliance News) - Frasers Group PLC on Tuesday launched a buyback of up to GBP80.0 million worth of its shares.

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