Franklin Resources with ticker code (BEN) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 27 and 21 and has a mean target at 23.67. Now with the previous closing price of 24.31 this indicates there is a potential downside of -2.6%. The 50 day MA is 24.95 and the 200 day MA is 29.43. The market cap for the company is $12,308m. Find out more information at: https://www.franklinresources.com
The potential market cap would be $11,984m 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.
