Franklin Resources with ticker code (BEN) have now 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 27 and 21 with the average target price sitting at 23.67. Now with the previous closing price of 25.62 this indicates there is a potential downside of -7.6%. The day 50 moving average is 24.94 while the 200 day moving average is 29.31. The company has a market capitalisation of $12,648m. Find out more information at: https://www.franklinresources.com
The potential market cap would be $11,685m 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.
