Brokerage Firm Rating Update on Francescas Holdings Corporation (FRAN)

Francescas Holdings Corporation (FRAN) : The consensus on Francescas Holdings Corporation (FRAN) based on 10 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Francescas Holdings Corporation (FRAN) : The highest level Francescas Holdings Corporation (FRAN) is projected to reach is $16 for the short term and the lowest estimate is at $11. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $12.8 and the possibility the share price can swing is $2.17.


Company shares have received an average consensus rating of Hold for the current week Also, Goldman Sachs maintains its rating on Francescas Holdings Corporation (NASDAQ:FRAN). The global brokerage major lowers the current price target from $16 per share to $14 per share. Analysts at the Goldman Sachs have a current rating of Neutral on the shares. The rating by the firm was issued on June 10, 2016.

Francescas Holdings Corporation (NASDAQ:FRAN): The stock opened at $15.86 and touched an intraday high of $15.9 on Wednesday. During the day, the stock corrected to an intraday low of $14.33, however, the bulls stepped in and pushed the price higher to close in the green at $14.97 with a gain of 7.01% for the day. The total traded volume for the day was 6,524,789. The stock had closed at $13.99 in the previous trading session.

Francescas Holdings Corporation is a holding company. The Companys 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 Companys 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.

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