Franklin Resources with ticker code (BEN) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 39 and 27 with a mean TP of 30.11. With the stocks previous close at 25.95 this is indicating there is a potential upside of 16.0%. There is a 50 day moving average of 27.54 and the 200 moving average now moves to 31.05. The market cap for the company is $12,347m. You can visit the company’s website by visiting: https://www.franklinresources.com
The potential market cap would be $14,327m 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.