Franklin Resources found using ticker (BEN) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 44.5 and 30 calculating the mean target price we have 36.83. Given that the stocks previous close was at 30.11 this indicates there is a potential upside of 22.3%. The day 50 moving average is 32.83 and the 200 day moving average is 32.44. The company has a market capitalisation of $15,250m. You can visit the company’s website by visiting: https://www.franklinresources.com
The potential market cap would be $18,653m 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.
