Franchise Brands’ (FRAN) Buy Rating Reiterated at Berenberg Bank

Franchise Brands (LON:FRAN)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 185 price objective on the stock. Berenberg Bank‘s target price points to a potential upside of 15.03% from the company’s previous close.

Franchise Brands Trading Up 2.9%

Shares of LON FRAN opened at GBX 160.83 on Tuesday. The company’s fifty day moving average is GBX 154.42 and its 200-day moving average is GBX 141.36. The stock has a market cap of £308.11 million, a price-to-earnings ratio of 28.62 and a beta of 0.47. Franchise Brands has a twelve month low of GBX 104.66 and a twelve month high of GBX 162.50. The company has a quick ratio of 1.57, a current ratio of 1.18 and a debt-to-equity ratio of 35.66.

Insider Buying and Selling

In other Franchise Brands news, insider Neil Miller bought 7,000 shares of Franchise Brands stock in a transaction on Monday, October 12th. The shares were purchased at an average cost of GBX 155 per share, for a total transaction of £10,850. Insiders own 32.04% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that “as they grow, we grow”.

Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.