Stock To Watch: Franklin Resources, Inc. (NYSE:BEN)


The leading market experts have placed a mean price target of $34.250 on Franklin Resources, Inc. (NYSE:BEN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.690 a share for the upcoming quarter and $2.790 for the current fiscal.

Technical View

The technical analysis of Franklin Resources, Inc. Common plainly substantiates that the 50-day moving average of Franklin Resources, Inc. Common is $35.711, and stock is trading $0.474 points away or +1.328% from its 50-day moving average of $35.711. Further it is trading $-0.018 or -0.049% away its 200-day moving average of $36.203. Franklin Resources, Inc. (NYSE:BEN) 52-week high is $42.230 and the 52-week low is $30.560.

This explains if the stock moves $-6.045, it will post a 52-week high. In event of +18.406% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Franklin Resources, Inc. Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Franklin Resources, Inc. (NYSE:BEN) ratio came in at 13.387.

The stock last ended the trading session at $36.185 and registered a market cap of $20.85B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Franklin Resources, Inc. (NYSE:BEN) PEG ratio is at -2.860.

1 Chart Pattern Every Investor Should Know

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