Franklin Resources with ticker code (BEN) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 40 and 27 calculating the mean target price we have 30.67. With the stocks previous close at 25.57 this indicates there is a potential upside of 19.9%. The day 50 moving average is 28.54 and the 200 moving average now moves to 31.32. The market capitalisation for the company is $12,804m. Find out more information at: https://www.franklinresources.com
The potential market cap would be $15,358m 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.
