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

by · The Markets Daily

Berenberg Bank restated their buy rating on shares of Franchise Brands (LON:FRAN – Free Report) in a research note published on Tuesday,Digital Look reports. They currently have a GBX 185 price target on the stock.

Franchise Brands Stock Performance

Franchise Brands stock opened at GBX 163 on Tuesday. The stock has a market cap of £312.28 million, a P/E ratio of 29.00 and a beta of 0.47. The company has a current ratio of 1.18, a quick ratio of 1.57 and a debt-to-equity ratio of 35.66. The stock has a 50 day moving average of GBX 155.01 and a 200-day moving average of GBX 141.75. Franchise Brands has a 52 week low of GBX 104.66 and a 52 week high of GBX 167.

Insider Transactions at Franchise Brands

In related news, insider Neil Miller purchased 7,000 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The shares were purchased at an average cost of GBX 155 per share, with a total value of £10,850. 32.04% of the stock is owned by corporate insiders.

About Franchise Brands

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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.

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