tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Frasers Group Strengthens Board with Technology Expert Appointment

Story Highlights
Frasers Group Strengthens Board with Technology Expert Appointment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Frasers Group ( (GB:FRAS) ) has provided an announcement.

Frasers Group has announced the proposed appointment of Jacky Wright as a Non-Executive Director, pending final Board approval. Wright, a seasoned technology executive with extensive experience in digital transformation and AI, is expected to enhance the Group’s long-term growth strategy. This move highlights Frasers Group’s commitment to strengthening its Board and advancing its Elevation Strategy, with a focus on digital and AI transformation.

The most recent analyst rating on (GB:FRAS) stock is a Hold with a £749.00 price target. To see the full list of analyst forecasts on Frasers Group stock, see the GB:FRAS Stock Forecast page.

Spark’s Take on GB:FRAS Stock

According to Spark, TipRanks’ AI Analyst, GB:FRAS is a Neutral.

Frasers Group’s overall stock score reflects a solid financial foundation with strengths in cash flow and operational efficiency. The valuation suggests the stock is undervalued, providing potential upside. However, technical indicators show neutral to bearish trends, and challenges in revenue growth and profitability margins remain areas for improvement.

To see Spark’s full report on GB:FRAS stock, click here.

More about Frasers Group

Average Trading Volume: 223,423

Technical Sentiment Signal: Hold

Current Market Cap: £2.99B

Find detailed analytics on FRAS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1