Stifel Nicolaus Upgrades Francesca's Holdings Corp to Buy

Brokerage firm Stifel Nicolaus Upgrades its rating on Francesca's Holdings Corp(NASDAQ:FRAN). The shares have been rated Buy. Previously, the analysts had a Hold rating on the shares. The rating by Stifel Nicolaus was issued on Sep 27, 2016.

In a different note, On Sep 21, 2016, Jefferies said it Maintains its rating on Francesca's Holdings Corp. In the research note, the firm Raises the price-target to $13.00 per share. The shares have been rated ‘Hold’ by the firm. On Sep 8, 2016, Nomura said it Maintains its rating on Francesca's Holdings Corp. In the research note, the firm Raises the price-target to $14.00 per share. The shares have been rated ‘Buy’ by the firm. On Sep 8, 2016, SunTrust Robinson Humphrey said it Maintains its rating on Francesca's Holdings Corp. In the research note, the firm Raises the price-target to $16.00 per share. The shares have been rated ‘Buy’ by the firm.

Francesca's Holdings Corp (FRAN) made into the market gainers list on Fridays trading session with the shares advancing 0.98% or 0.15 points. Due to strong positive momentum, the stock ended at $15.43, which is also near the day’s high of $15.61. The stock began the session at $15.37 and the volume stood at 12,31,237 shares. The 52-week high of the shares is $19.9 and the 52 week low is $9.75. The company has a current market capitalization of $585 M and it has 3,79,19,724 shares in outstanding.

Francesca's Holdings Corp(FRAN) last announced its earnings results on Sep 7, 2016 for Fiscal Year 2017 and Q2.Company reported revenue of $115.26M. Analysts had an estimated revenue of $109.16M. Earnings per share were $0.27. Analysts had estimated an EPS of $0.18.

Several Insider Transactions has been reported to the SEC. On Jul 8, 2016, Laurie Hummel (Chief Merchandising Officer) purchased 7,000 shares at $10.97 per share price.Also, On Jun 13, 2016, Richard W Kunes (CEO) purchased 20,000 shares at $10.56 per share price.On Sep 16, 2015, Michael W Barnes (CEO) purchased 26,000 shares at $11.66 per share price, according to the Form-4 filing with the securities and exchange commission.

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 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.

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