Evaluating Franklin Resources: Insights From 6 Financial Analysts
Portfolio Pulse from Benzinga Insights
Six financial analysts have provided mixed ratings for Franklin Resources (NYSE:BEN), with no bullish ratings, four indifferent, and two somewhat bearish. The average 12-month price target for BEN has increased by 14.75% to $28.00, with a high estimate of $32.00 and a low of $22.00. Analysts from BMO Capital, Morgan Stanley, UBS, Wells Fargo, and TD Cowen have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Franklin Resources manages $1.335 trillion in assets and has shown a revenue growth rate of 2.43% as of September 30, 2023, but trails behind its peers in the Financials sector and has below-average net margin, ROE, and ROA.
January 30, 2024 | 4:00 pm
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Franklin Resources has received mixed ratings from analysts, with an updated average 12-month price target of $28.00. The company's revenue growth is positive, but it faces challenges in profitability and efficiency metrics.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on BEN's stock price. The positive revenue growth could be seen as a good sign, but the below-average profitability and efficiency metrics may temper investor enthusiasm. The high relevance score is due to the direct mention and focus on BEN in the article, while the importance score reflects the significance of analyst ratings and financial metrics on stock performance. The confidence score is high due to the clear data provided but not at the maximum because market reactions can be unpredictable.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100