Evaluating Franklin Resources: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Franklin Resources (NYSE:BEN) received mixed analyst ratings in the latest quarter, with 3 indifferent and 1 somewhat bearish. The average 12-month price target is now $27.0, up from $24.33. Analysts from Wells Fargo, TD Cowen, Morgan Stanley, and Deutsche Bank have adjusted their price targets and ratings. Franklin had $1.335 trillion in managed assets as of October 2023. The company's financial performance shows below industry average market capitalization, revenue growth, net margin, ROE, and ROA, but a conservative debt-to-equity ratio.

January 08, 2024 | 8:00 pm
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NEUTRAL IMPACT
Franklin Resources received mixed ratings, with an updated average price target of $27.0, reflecting a 10.97% increase. Financial performance indicators are below industry averages, which may concern investors.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on BEN's stock price. The financial performance indicators are not strong, but the conservative debt management and the increase in the price target may balance investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100