Franklin Resources with ticker code (BEN) now have 10 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 45 and 30 with the average target price sitting at 37.5. Now with the previous closing price of 34.93 this is indicating there is a potential upside of 7.4%. The 50 day MA is 34.16 while the 200 day moving average is 32.3. The company has a market capitalisation of $17,724m. Company Website: https://www.franklinresources.com
The potential market cap would be $19,028m 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.
