In a report released yesterday, Craig Siegenthaler from Credit Suisse maintained a Hold rating on Franklin Resources (NYSE: BEN), with a price target of $32. The company’s shares closed yesterday at $32.05, close to its 52-week low of $31.56.
According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 7.9% and a 64.1% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Raymond James Financial, WisdomTree Investments, and Affiliated Managers.
Franklin Resources has an analyst consensus of Hold, with a price target consensus of $35.50.
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Franklin Resources’ market cap is currently $17.36B and has a P/E ratio of 26.49. The company has a Price to Book ratio of 1.73.
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Franklin Resources, Inc. is a holding company, which engages in the provision of financial and investment management services. It offers fund administration, sales, distribution, marketing, shareholder servicing, trustee, custody, and fiduciary services.
