French Connection Group Price Target Increased to GBX 32 by Analysts at Seymour Pierce (FCCN)
Analysts at Seymour Pierce lifted their price objective on shares of French Connection Group (LON:FCCN) from GBX 29 ($0.47) to GBX 32 ($0.52) in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports. The firm currently has a “hold” rating on the stock. Seymour Pierce’s price objective points to a potential upside of 1.01% from the company’s current price.
Shares of French Connection Group (LON:FCCN) opened at 31.64 on Monday. French Connection Group has a 1-year low of GBX 22.75 and a 1-year high of GBX 34.899. The stock’s 50-day moving average is GBX 31.33 and its 200-day moving average is GBX 29.61. The company’s market cap is £30.3 million.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of French Connection Group (LON:FCCN) in a research note to investors on Friday. They now have a GBX 32 ($0.52) price target on the stock, up previously from GBX 25 ($0.40). Analysts at Numis Securities Ltd upgraded shares of French Connection Group (LON:FCCN) from a “hold” rating to an “add” rating in a research note to investors on Monday, September 16th. They now have a GBX 38 ($0.61) price target on the stock.
French Connection Group PLC designs, produces and distributes branded fashion clothing for men and women to approximately 50 countries around the world.
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