Franklin Resources. which can be found using ticker (BEN) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 34 and 23 calculating the mean target price we have $26.82. Given that the stocks previous close was at $26.96 this would indicate that there is a downside of -.5%. Also worth taking note is the 50 day moving average now sits at $29.83 while the 200 day moving average is $26.38. The company has a market cap of $13,144m. Company Website: https://www.franklinresources.com
The potential market cap would be $13,076m based on the market consensus.
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 Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.
The company has a dividend yield of 4.57% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 13.4, revenue per share of 16.41 and a 4.28% return on assets.
