Franklin Resources with ticker code (BEN) have now 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 29 and 27 with the average target price sitting at 27.75. Now with the previous closing price of 24.52 this is indicating there is a potential upside of 13.2%. The day 50 moving average is 26.66 and the 200 moving average now moves to 30.83. The market capitalisation for the company is $12,543m. Company Website: https://www.franklinresources.com
The potential market cap would be $14,195m 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.
