Francescas Holdings Corporation (NASDAQ:FRAN): The stock price is expected to reach $ 13.33 in the short term. The number of analysts agreeing with this consensus is 6. The higher estimate for the short term price target is at $19 while the lower estimate is at $11. The standard deviation of the price stands at $3.39.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Goldman Sachs maintains its rating on Francescas Holdings Corporation (NASDAQ:FRAN). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Goldman Sachs lowers the price target from $16 per share to $14 per share. The rating by the firm was issued on June 10, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Francescas Holdings Corp, Barnes Michael W had purchased shares worth of $303,160 in a transaction dated on September 15, 2015. A total of 26,000 shares were purchased at a price of $11.66 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Francescas Holdings Corporation (NASDAQ:FRAN) : On Monday heightened volatility was witnessed in Francescas Holdings Corporation (NASDAQ:FRAN) which led to swings in the share price. The stock opened for trading at $10.11 and hit $10.67 on the upside , eventually ending the session at $10.53, with a gain of 4.15% or 0.42 points. The heightened volatility saw the trading volume jump to 1,606,127 shares. The 52-week high of the share price is $19.9 and the company has a market cap of $423 million. The 52-week low of the share price is at $9.75 .
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 www.francescas.com Website. Through its Website, its customers are able to purchase individual items, shop the latest jewelry, gift or fashion merchandise and special promotions.