Franklin Resources found using ticker (BEN) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 26 and 19 and has a mean target at 22.75. Given that the stocks previous close was at 26.08 this is indicating there is a potential downside of -12.8%. The day 50 moving average is 24.68 and the 200 day MA is 25.56. The company has a market capitalisation of $12,859m. Visit the company website at: https://www.franklinresources.com
The potential market cap would be $11,217m 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 Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.
