Franklin Resources – Consensus Indicates Potential -4.8% Downside

Broker Ratings
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Franklin Resources found using ticker (BEN) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 29 and 21 with a mean TP of 25.22. Now with the previous closing price of 26.49 this now indicates there is a potential downside of -4.8%. The 50 day moving average now sits at 25.87 while the 200 day moving average is 28.75. The company has a market cap of $13,167m. Find out more information at: https://www.franklinresources.com

The potential market cap would be $12,535m 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.

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