Francesca’s Holdings Corp. Price Target Increased to $25.00 by Analysts at Cowen and Company (FRAN)
Equities researchers at Cowen and Company upped their price objective on shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) from $23.00 to $25.00 in a research report issued on Tuesday, American Banking News.com reports. Cowen and Company’s price target points to a potential upside of 18.26% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Mizuho raised their price target on shares of Francesca’s Holdings Corp. from $18.00 to $20.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Zacks downgraded shares of Francesca’s Holdings Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, December 10th. They now have a $16.20 price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Francesca’s Holdings Corp. in a research note to investors on Monday, December 9th. They now have a $22.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. Francesca’s Holdings Corp. has a consensus rating of “Hold” and an average price target of $26.37.
In other Francesca’s Holdings Corp. news, COO Theresa Rose Backes sold 30,700 shares of Francesca’s Holdings Corp. stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $20.00, for a total value of $614,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Francesca’s Holdings Corp. (NASDAQ:FRAN) traded down 0.42% during mid-day trading on Tuesday, hitting $21.14. 1,240,255 shares of the company’s stock traded hands. Francesca’s Holdings Corp. has a 1-year low of $15.62 and a 1-year high of $32.43. The stock has a 50-day moving average of $18.34 and a 200-day moving average of $20.96. The company has a market cap of $888.1 million and a price-to-earnings ratio of 19.30.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.20 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.20. The company had revenue of $79.60 million for the quarter, compared to the consensus estimate of $79.20 million. During the same quarter last year, the company posted $0.24 earnings per share. Francesca’s Holdings Corp.’s revenue was up 10.6% compared to the same quarter last year. On average, analysts predict that Francesca’s Holdings Corp. will post $1.07 earnings per share for the current fiscal year.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.