Francesca’s Receives a Hold from Macquarie

Macquarie analyst Liz Dunn maintained a Hold rating on Francesca’s (NASDAQ: FRAN) today and set a price target of $16. The company’s shares opened today at $18.12, close to its 52-week high of $19.45.

Currently, the analyst consensus on Francesca’s is Hold and the average price target is $21, representing a 15.9% upside. In a report released today, KeyBanc also downgraded the stock to Hold.

Francesca’s` market cap is currently $768.5M and has a P/E ratio of 26.5. The company has a book value ratio of 6.13%.

Unlike Macquarie`s latest rating, based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FRAN in relation to earlier this year. Most recently, in September 2015, Martyn Redgrave, a a Director at FRAN bought 21,000 shares for a total of $249,480.

According to, Dunn is a 1-star analyst with an average return of -5.7% and a 57.1% success rate. Dunn covers the Services sector, focusing on stocks such as Abercrombie Fitch, Urban Outfitters, and American Eagle.

Francescas Holdings Corp operates a chain of retail boutiques selling apparel, jewelry, accessories and gifts.