Franklin Resources found using ticker (BEN) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 29 and 21 calculating the average target price we see 24.89. Now with the previous closing price of 24.53 this would imply there is a potential upside of 1.5%. The 50 day moving average now sits at 26.33 and the 200 day MA is 28.12. The market capitalisation for the company is $12,030m. Company Website: https://www.franklinresources.com
The potential market cap would be $12,207m based on the market concensus.
Franklin Resources is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
