Franchise Brands (LON:FRAN) Earns “Buy” Rating from Berenberg Bank

Franchise Brands (LON:FRANGet Free Report)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a report issued on Wednesday,Digital Look reports. They presently have a GBX 185 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 24.33% from the company’s current price.

Separately, Shore Capital Group reiterated a “buy” rating on shares of Franchise Brands in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Franchise Brands presently has an average rating of “Buy” and an average target price of GBX 197.50.

Check Out Our Latest Research Report on Franchise Brands

Franchise Brands Price Performance

FRAN stock opened at GBX 148.80 on Wednesday. The company has a debt-to-equity ratio of 36.34, a quick ratio of 1.57 and a current ratio of 1.15. The firm has a 50 day moving average price of GBX 144.11 and a 200-day moving average price of GBX 135.27. Franchise Brands has a 52-week low of GBX 104.66 and a 52-week high of GBX 158. The firm has a market capitalization of £285.22 million, a price-to-earnings ratio of 32.07 and a beta of 0.49.

Franchise Brands Company Profile

(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.

Further Reading

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