Posts in LSE:FCCN

Broker Forecast - Cantor Fitzgerald issues a broker note on French Connection Group PLC

Cantor Fitzgerald today reaffirms its hold investment rating on French Connection Group PLC (LON:FCCN) and raised its price target to 45p (from 40p).

This top growth stock could help you secure financial independence

I have long talked up the terrific investment potential of WH Smith (LSE:SMWH), and my love for the stationer is being shared by the broader investment community right now.

Its share price has climbed 15% in the past two months alone, taking gains since the turn of 2017 to 24% and resulting in it currently sitting atop record peaks above £19.30 per share. And despite these chunky rises the company still carries pretty decent value, in my opinion.

FTSE climbs higher thanks to BP and Shell

Renewed sterling strength failed to hold the FTSE 100 back thanks to gains in two of the biggest stocks in terms of market cap, BP (BP.) and Royal Dutch Shell (RDSB).

BP and Shell advanced 1.2% and 1.1% to 456.1p and £21.78. High street bank HSBC (HSBA) was another noticeably riser as it ticked 1% higher to 726p.

The FTSE 100 closed 0.3% higher to 7,275.

Brent crude oil slipped 0.3% to $55.30 per barrel. Gold and copper were subdued at $1,305 per ounce and $6,503 per tonne.

French Connection sees improved performance

French Connection saw an improved performance across all divisions in the six months to the end of July.

Overall retail revenue decreased by 7.5% to £38.5m in the period (-8.7% at constant currency).

This was primarily driven by the reduced store portfolio reflecting the net seven stores closed during the last 12 months, resulting in a 10.2% reduction in average Group retail trading space, coupled with broadly flat Like-for-Like sales.

Gross margins increased to 56.6% (2016: 56.3%).

French Connection changes registered office

French Connection Group's registered office address has changed to First Floor, Centro One, 39 Plender Street, London NW1 0DT.

At 9:49am: (LON:FCCN) French Connection Group PLC share price was 0p at 42.5p

Next shares are a 'tough hold'

Next shares are a 'tough hold'

If Next's retail business recovers its shares are currently good value, argues companies analyst Richard Beddard. But there's a problem.

Broker Forecast - Cantor Fitzgerald issues a broker note on French Connection Group PLC

Cantor Fitzgerald today reaffirms its hold investment rating on French Connection Group PLC (LON:FCCN) and cut its price target to 40p (from 45p).

How French Connection shares could double

How French Connection shares could double

Yesterday, we reported on a catwalk up to 55p. Now, chartist Alistair Strang tells us what must happen for French Connection shares to go even further.

Sliding oil prices hit UK and US stocks

A fall in oil prices saw Royal Dutch Shell (RDSB) slide 1.8% lower.

Due to the substantial market cap of Shell, the FTSE 100 closed 0.1% lower at 7,357.

High street banks Royal Bank of Scotland (RBS) and Barclays (BARC) were also among the top blue-chip fallers.

West Texas Intermediate dropped 2.3% to $47.30 and Brent crude oil fell 1.7% to $50.45 per barrel, respectively.

Gold nudged higher to $1,205 per ounce and copper climbed 0.5% to $5,798 per tonne.

Can French Connection be worth 55% more?

Can French Connection be worth 55% more?

French Connection shares look unlikely to blossom any time soon, but Graeme Evans has found an optimistic expert with an eye for fashion.