Franchise Brands (LON:FRAN) Given Buy Rating at Berenberg Bank

Franchise Brands (LON:FRAN)‘s stock had its “buy” rating reissued by equities researchers at 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 price target suggests a potential upside of 24.33% from the company’s previous close.

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

Franchise Brands Trading Up 0.5%

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

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.