Franchise Brands (LON:FRAN) Receives Buy Rating from Berenberg Bank

Franchise Brands (LON:FRAN – Get Free Report)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 185 target price on the stock. Berenberg Bank’s target price suggests a potential upside of 27.29% from the stock’s previous close.

A number of other equities research analysts also recently commented on FRAN. Shore Capital Group reissued a “buy” rating on shares of Franchise Brands in a research report on Friday, April 24th. Stifel Nicolaus dropped their price objective on shares of Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Franchise Brands presently has an average rating of “Buy” and a consensus price target of GBX 197.50.

Get Franchise Brands alerts:

View Our Latest Analysis on FRAN

Franchise Brands Price Performance

Shares of FRAN opened at GBX 145.34 on Tuesday. Franchise Brands has a fifty-two week low of GBX 104.66 and a fifty-two week high of GBX 160. The firm’s 50 day moving average price is GBX 131.04 and its 200 day moving average price is GBX 132.59. The company has a market cap of £278.59 million, a P/E ratio of 31.32 and a beta of 0.46. The company has a quick ratio of 1.57, a current ratio of 1.15 and a debt-to-equity ratio of 36.34.

Franchise Brands (LON:FRAN – Get Free Report) last announced its quarterly earnings data on Wednesday, March 25th. The company reported GBX 9 EPS for the quarter. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%. On average, research analysts forecast that Franchise Brands will post 11.3266098 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Stephen Hemsley bought 72,500 shares of the stock in a transaction dated Wednesday, March 25th. The stock was acquired at an average price of GBX 116 per share, for a total transaction of £84,100. Insiders own 31.78% of the company’s stock.

About Franchise Brands

(Get Free Report)

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.

Read More

• Five stocks we like better than Franchise Brands
• SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
• Microsoft Stock Discount May Be Ending as AI Catalysts Build
• Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
• Why Walmart, Target and TJX Got Such Different Reactions After Earnings

Receive News & Ratings for Franchise Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franchise Brands and related companies with MarketBeat.com's FREE daily email newsletter.