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

Key Points

• Shore Capital Group reaffirmed a Buy rating on Franchise Brands (LON:FRAN); three analysts now have the stock rated Buy with a consensus target price of GBX 197.50.
• FRAN traded at GBX 130.75, with a 12‑month range of GBX 104.66–160, a market cap of £250.62m and a trailing P/E of 28.18.
• Insider Stephen Hemsley purchased 72,500 shares at GBX 116, and company insiders collectively own 31.78% of the stock.

Franchise Brands (LON:FRAN - Get Free Report)'s stock had its "buy" rating restated by research analysts at Shore Capital Group in a report released on Friday,Digital Look reports.

Other equities analysts also recently issued research reports about the company. Berenberg Bank reiterated a "buy" rating and set a GBX 185 price objective on shares of Franchise Brands in a research report on Wednesday, March 25th. Stifel Nicolaus dropped their target price on Franchise Brands from GBX 260 to GBX 210 and set a "buy" rating for the company in a report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 197.50.

Franchise Brands Price Performance

FRAN traded up GBX 0.75 on Friday, reaching GBX 130.75. 228,282 shares of the company's stock were exchanged, compared to its average volume of 264,877. Franchise Brands has a twelve month low of GBX 104.66 and a twelve month high of GBX 160. The stock has a market cap of £250.62 million, a PE ratio of 28.18 and a beta of 0.40. The company has a debt-to-equity ratio of 36.34, a current ratio of 1.15 and a quick ratio of 1.57. The stock's fifty day moving average price is GBX 125.03 and its 200-day moving average price is GBX 129.01.

Franchise Brands (LON:FRAN - Get Free Report) last released 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%. Sell-side analysts expect that Franchise Brands will post 11.3266098 EPS for the current year.

Insider Buying and Selling at Franchise Brands

In other news, insider Stephen Hemsley purchased 72,500 shares of the company's stock in a transaction dated Wednesday, March 25th. The stock was acquired at an average price of GBX 116 per share, with a total value of £84,100. 31.78% of the stock is currently owned by company insiders.

Franchise Brands Company Profile

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.

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