Franklin Resources found using ticker (BEN) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 29 and 23 calculating the mean target price we have 26.36. Now with the previous closing price of 33.82 this would indicate that there is a downside of -22.1%. The day 50 moving average is 28.19 and the 200 moving average now moves to 25.83. The market cap for the company is $16,647m. Visit the company website at: https://www.franklinresources.com
The potential market cap would be $12,975m 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.
