The stock of French Connection Group (LON:FCCN) is a huge mover today! The stock decreased 1.08% or GBX 0.38 on November 22, hitting GBX 34.25. About 45,013 shares traded hands. French Connection Group (LON:FCCN) has declined 13.71% since April 22, 2016 and is downtrending. It has underperformed by 18.26% the S&P500.
The move comes after 6 months positive chart setup for the GBX 32.98M company. It was reported on Nov, 22 by Barchart.com. We have GBX 36.65 PT which if reached, will make LON:FCCN worth GBX 2.31 million more.
French Connection Group (LON:FCCN) Ratings Coverage
Out of 2 analysts covering French Connection Group PLC (LON:FCCN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. French Connection Group PLC has been the topic of 9 analyst reports since September 21, 2015 according to StockzIntelligence Inc. The stock has “Add” rating given by Numis Securities on Tuesday, March 15. On Wednesday, January 27 the stock rating was maintained by Numis Securities with “Add”. The rating was maintained by Cantor Fitzgerald with “Hold” on Monday, December 7. The rating was maintained by Cantor Fitzgerald on Tuesday, September 20 with “Hold”. The rating was maintained by Cantor Fitzgerald with “Hold” on Tuesday, March 15. The firm has “Hold” rating by Cantor Fitzgerald given on Monday, September 21. The stock of French Connection Group (LON:FCCN) has “Add” rating given on Monday, November 30 by Numis Securities. The stock of French Connection Group (LON:FCCN) earned “Hold” rating by Numis Securities on Monday, September 21. Numis Securities upgraded French Connection Group (LON:FCCN) rating on Tuesday, September 20. Numis Securities has “Buy” rating and GBX 55 price target.
More recent French Connection Group (LON:FCCN) news were published by: Reuters.com which released: “French Connection chief says nothing behind report of possible bid interes…” on October 24, 2016. Also Ft.com published the news titled: “Gatemore urges changes at French Connection” on July 31, 2016. Ft.com‘s news article titled: “French Connection fuels investor unrest with further losses” with publication date: September 20, 2016 was also an interesting one.
French Connection Group PLC designs and supplies branded fashion clothing and accessories for men and women. The company has a market cap of 32.98 million GBP. The Firm operates retail stores and concessions in the United Kingdom, Europe, the United States and Canada and also operates e-commerce businesses in each of those territories. It currently has negative earnings. The Company’s principal brand is French Connection, which designs, produces and distributes branded fashion clothing, accessories, such as toiletries and fragrances, shoes, watches, jewelry, eyewear, furniture and homeware through its distribution channels: retail stores, e-commerce, wholesale and licensing.
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