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BidaskClub upgraded Franklin Resources, Inc. (NYSE:BEN) to Buy in a report released today.

Just yesterday Franklin Resources, Inc. (NYSE:BEN) traded 0.78% higher at $44.51. Franklin Resources, Inc.’s 50-day moving average is $42.76 and its 200-day moving average is $43.09. The last closing price is up -1.42% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 4,613,989 shares of BEN traded hands, up from an average trading volume of 1,896,550

BidaskClub has upgraded Franklin Resources, Inc. (NYSE:BEN) to Buy in a report released on 6/20/2017.

Recent Performance Chart

Franklin Resources, Inc. (NYSE:BEN)

Franklin Resources, Inc. has 52 week low of $33.02 and a 52 week high of $47.65 with a PE ratio of 13.82 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $36.57 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Franklin Resources, Inc. (NYSE:BEN)

Franklin Resources, Inc. is a holding company. The Company, along with its subsidiaries, operates as Franklin Templeton Investments. It is a global investment management company that provides investment management and related services to retail, institutional and high net-worth clients in jurisdictions around the world. The Company offers its investment products and services under the Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2 and LibertyShares brand names. Its products include investment funds and institutional, high net-worth and separately managed accounts (collectively, sponsored investment products (SIPs)). It offers various types of SIPs, such as the United States funds, cross-border funds, local/regional funds, and other managed accounts, alternative investment products and trusts. Its investment funds include the United States-registered funds, non-United States-registered funds and unregistered funds.

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