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

Berenberg Bank restated their buy rating on shares of Franchise Brands (LON:FRAN) in a research report report published on Wednesday morning,Digital Look reports. Berenberg Bank currently has a GBX 185 price objective on the stock.

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

Franchise Brands Trading Up 2.7%

Shares of Franchise Brands stock opened at GBX 151.50 on Wednesday. The stock has a market cap of £290.40 million, a P/E ratio of 32.65 and a beta of 0.49. The stock’s 50 day simple moving average is GBX 144.40 and its 200-day simple moving average is GBX 135.56. Franchise Brands has a 1-year low of GBX 104.66 and a 1-year high of GBX 158. The company has a debt-to-equity ratio of 35.66, a current ratio of 1.18 and a quick ratio of 1.57.

Franchise Brands (LON:FRAN) last posted its quarterly earnings results on Wednesday, July 29th. The company reported GBX 4.81 earnings per share (EPS) for the quarter. Franchise Brands had a return on equity of 4.87% and a net margin of 7.37%. Analysts predict that Franchise Brands will post 11.3266098 EPS for the current fiscal year.

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.