Frasers Group (FRAS)

Sector:

Retailers

Index:

FTSE 100

829.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 938.00
  • 52 Week Low: 672.00
  • Currency: UK Pounds
  • Shares Issued: 450.32m
  • Volume: 158,584
  • Market Cap: £3,733.12m
  • RiskGrade: 211

Frasers lifts stake in Boohoo to over 20%

By Michele Maatouk

Date: Thursday 18 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Thursday, to more than 20%.
According to a regulatory filing, Frasers upped its stake to 21.49% from 17.22%.

Russ Mould, investment director at AJ Bell, said: "Whether this move will translate into anything more than brand collaboration remains to be seen but this latest stake building will do nothing to dull the speculation.

"The fast fashion play looks vulnerable with the shares trading at a fraction of highs seen three years ago."

Frasers - which owns Sports Direct, House of Fraser and Flannels, among others - has also built stakes in Asos, AO World, Currys, N Brown and Hugo Boss.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Frasers Group Market Data

Currency UK Pounds
Share Price 829.00p
Change Today 5.00p
% Change 0.61 %
52 Week High 938.00
52 Week Low 672.00
Volume 158,584
Shares Issued 450.32m
Market Cap £3,733.12m
RiskGrade 211

Frasers Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.22% below the market average48.22% below the market average48.22% below the market average48.22% below the market average48.22% below the market average
43.59% below the sector average43.59% below the sector average43.59% below the sector average43.59% below the sector average43.59% below the sector average
Price Trend
27.47% above the market average27.47% above the market average27.47% above the market average27.47% above the market average27.47% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income Not Available
Growth
58.89% above the market average58.89% above the market average58.89% above the market average58.89% above the market average58.89% above the market average
85.00% above the sector average85.00% above the sector average85.00% above the sector average85.00% above the sector average85.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 1
Sell 2
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Frasers Group Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
16:35 610 @ 829.00p
16:35 60,064 @ 829.00p
16:35 283 @ 829.00p
16:35 148 @ 829.00p
16:35 98 @ 829.00p

Frasers Group Key Personnel

CFO Chris Wootton
CEO Michael Murray

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