Francesca's Holdings Corp (FRAN) is Upgraded by Wolfe Research to Outperform, Price Target at $20

Francesca's Holdings Corp (FRAN) was Upgraded by Wolfe Research to ” Outperform” and the brokerage firm has set the Price Target at $20. Earlier the firm had a rating of “Peer Perform ” on the company shares. Wolfe Research advised their investors in a research report released on Apr 14, 2016.

Many Wall Street Analysts have commented on Francesca's Holdings Corp. Francesca's Holdings Corp was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Mar 24, 2016. Francesca's Holdings Corp was Upgraded by Guggenheim to ” Buy” on Mar 24, 2016.

On the company’s financial health, Francesca's Holdings Corp reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Mar 23, 2016. Analyst had a consensus of $0.34. The company had revenue of $134.60 million for the quarter, compared to analysts expectations of $132.21 million. The company’s revenue was up 25.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.

Francesca's Holdings Corp closed down -0.15 points or -0.85% at $17.5 with 15,92,157 shares getting traded on Monday. Post opening the session at $17.68, the shares hit an intraday low of $17.32 and an intraday high of $17.7 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Sep 16, 2015, Michael W Barnes (CEO) purchased 26,000 shares at $11.66 per share price. According to the SEC, on Sep 16, 2015, Martyn R Redgrave (director) purchased 21,000 shares at $11.88 per share price.

Francesca’s Holdings Corporation is a holding company. The Company’s business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel jewelry accessories and gifts. The Company operates approximately 539 boutiques which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Company’s direct-to-consumer business consists of its Website. Through its Website its customers are able to purchase individual items shop the latest jewelry gift or fashion merchandise and special promotions.

Francesca's Holdings Corp

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