Franklin Resources (BEN) has an average broker rating of 3.38, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Franklin Resources (BEN) : Currently there are 7 street experts covering Franklin Resources (BEN) stock. The most bullish and bearish price target for the stock is $38 and $28 respectively for the short term. The average price target of all the analysts comes to $33.57. The estimated standard deviation from the target is $3.65.
Shares of Franklin Resources, Inc. rose by 2.27% in the last five trading days and 6.38% for the last 4 weeks. Franklin Resources, Inc. is up 1.42% in the last 3-month period. Year-to-Date the stock performance stands at 1.2%. Franklin Resources (NYSE:BEN): stock turned positive on Tuesday. Though the stock opened at $36.83, the bulls momentum made the stock top out at $36.99 level for the day. The stock recorded a low of $36.76 and closed the trading day at $36.87, in the green by 1.01%. The total traded volume for the day was 2,591,807. The stock had closed at $36.5 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.