Shore Capital Group Reaffirms “Buy” Rating for Franchise Brands (LON:FRAN)

Franchise Brands (LON:FRAN)‘s stock had its “buy” rating restated by investment analysts at Shore Capital Group in a research note issued on Friday,Digital Look reports.

Several other research analysts have also recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating for the company in a report on Thursday, March 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 185 price target on shares of Franchise Brands in a report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Franchise Brands presently has a consensus rating of “Buy” and an average target price of GBX 197.50.

Franchise Brands Stock Up 0.6%

Shares of LON FRAN opened at GBX 130.75 on Friday. The stock has a market cap of £250.62 million, a P/E ratio of 28.18 and a beta of 0.40. The firm has a 50 day moving average price of GBX 124.99 and a 200 day moving average price of GBX 129.08. The company has a debt-to-equity ratio of 36.34, a quick ratio of 1.57 and a current ratio of 1.15. Franchise Brands has a 52-week low of GBX 104.66 and a 52-week high of GBX 160.

Franchise Brands (LON:FRAN) last issued its quarterly earnings data on Wednesday, March 25th. The company reported GBX 9 earnings per share (EPS) for the quarter. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%. Analysts expect that Franchise Brands will post 11.3266098 EPS for the current year.

Insider Buying and Selling at Franchise Brands

In related news, insider Stephen Hemsley purchased 72,500 shares of Franchise Brands stock in a transaction dated Wednesday, March 25th. The stock was bought at an average price of GBX 116 per share, for a total transaction of £84,100. 31.78% of the stock is owned by company insiders.

About Franchise Brands

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.