Frasers Group hit by RBC downgrade as stock momentum fades By Investing.com
Update: 2025-11-03
Description
Frasers Group, owner of Sports Direct and House of Fraser, sees its share price dip after RBC Capital Markets downgrades its stock from 'outperform' to 'sector perform'. Despite a 24% share price increase this year, analysts see less room for growth due to the company's complex structure and lower trading volume. Frasers Group is still expected to grow at a steady pace, with a forecast of 10% revenue growth next year, but investors are cautious as the company navigates rising costs and a challenging retail environment.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
