Franklin Resources found using ticker (BEN) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 44.5 and 30 with a mean TP of 36.06. Now with the previous closing price of 27.6 this would indicate that there is a potential upside of 30.7%. The 50 day moving average now sits at 30.07 and the 200 day moving average is 31.71. The company has a market capitalisation of $13,974m. Find out more information at: https://www.franklinresources.com
The potential market cap would be $18,257m 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.
