Franklin Resources with ticker code (BEN) have now 11 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 24 and 19 with the average target price sitting at 21.55. Given that the stocks previous close was at 21.74 this would indicate that there is a downside of -.9%. The day 50 moving average is 24.64 and the 200 day moving average is 26.78. The company has a market capitalisation of $11,228m. Visit the company website at: https://www.franklinresources.com
The potential market cap would be $11,130m 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.
