Franklin Resources (BEN) to Release Quarterly Earnings on Thursday
Franklin Resources (NYSE:BEN) will announce its earnings results on Thursday, January 30th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of Franklin Resources (NYSE:BEN) opened at 53.69 on Wednesday. Franklin Resources has a one year low of $44.2167 and a one year high of $58.87. The stock has a 50-day moving average of $56.31 and a 200-day moving average of $52.15. The company has a market cap of $33.870 billion and a price-to-earnings ratio of 15.71.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Franklin Resources from $55.50 to $61.50 in a research note to investors on Tuesday, January 14th. On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Franklin Resources from $62.00 to $66.00 in a research note to investors on Friday, January 10th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Franklin Resources in a research note to investors on Tuesday, December 17th. They now have a $57.00 price target on the stock. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $111.37.
Franklin Resources, Inc (NYSE:BEN) is a holding company.
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