On a relative basis, the stock has outperformed the S&P 500 by 0.13% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.08% and the stock has fallen -1.79% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.31% and the fifty day Moving Average is 4.37%. Franklin Resources, Inc. has dropped 2.64% during the last three month period . Year-to-Date the stock performance stands at -0.75%.
Franklin Resources (BEN) : The consensus price target for Franklin Resources (BEN) is $33.57 for the short term with a standard deviation of $3.65. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $38, however, the pessimist price target for the company is $28.
Franklin Resources (NYSE:BEN): stock turned positive on Friday. Though the stock opened at $36.21, the bulls momentum made the stock top out at $36.56 level for the day. The stock recorded a low of $35.995 and closed the trading day at $36.16, in the green by 0.39%. The total traded volume for the day was 2,846,228. The stock had closed at $36.02 in the previous days trading.
Franklin Resources, Inc. (Franklin), is a holding company. Franklin together with its various subsidiaries (collectively, the Company), is referred to as Franklin Templeton Investments, is a global investment management organization offering investment management and related services under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. It provides services to investment funds in jurisdictions globally, which include the United States- and non- United States-registered open-end and closed-end funds, unregistered funds, and institutional, high net-worth and separately-managed accounts. The Companys investment management and related services include fund administration, shareholder services, transfer agency, underwriting, distribution, custodial, trustee and other fiduciary services. Its sponsored investment products include a range of equity, hybrid, fixed-income and cash management funds and accounts, including alternative investment products.