Franklin Resources (BEN) : During the past 4 weeks, traders have been relatively bearish on Franklin Resources (BEN), hence the stock is down -2.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.87% relative to the S&P 500. The 4-week change in the price of the stock is -4.67% and the stock has fallen -1.35% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 1.35%.The 200 Day SMA reached 1.71% Franklin Resources, Inc. is up 5.87% in the last 3-month period. Year-to-Date the stock performance stands at -3.66%.
Franklin Resources (BEN) : Average target price received by Franklin Resources (BEN) is $33.71 with an expected standard deviation of $3.68. The most aggressive target on the stock is $38, whereas the most downbeat target is $28. 7 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Franklin Resources (NYSE:BEN): stock was range-bound between the intraday low of $34.86 and the intraday high of $35.46 after having opened at $35.42 on Fridays session. The stock finally closed in the red at $35.42, a loss of -1.82%. The stock remained in the red for the whole trading day. The total traded volume was 4,952,378 shares. The stock failed to cross $35.46 in Fridays trading. The stocks closing price on Thursday was $35.1.
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.