$25.09
0[0.00%]
At close: Apr 25
$25.09
0[0.00%]
PreMarket: 4:00PM EDT
Franklin Resources
(NYSE:BEN)Franklin Resources Stock (NYSE:BEN), Analyst Ratings, Price Targets, Predictions
Franklin Resources Inc has a consensus price target of $26.91, established from looking at the 58 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Goldman Sachs, and Deutsche Bank on April 17, 2024, March 12, 2024, and January 30, 2024. With an average price target of $26.58 between Morgan Stanley, Goldman Sachs, and Deutsche Bank, there's an implied 5.95% upside for Franklin Resources Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Goldman Sachs
Deutsche Bank
BMO Capital
UBS
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Franklin Resources
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | BEN | Buy Now | Franklin Resources | $25.09 | -0.36% | Morgan Stanley | Michael Cyprys | $24 → $25 | Maintains | Underweight | Get Alert |
| 03/12/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 6.62% | Goldman Sachs | Alexander Blostein | $26.25 → $26.75 | Maintains | Sell | Get Alert |
| 01/30/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 11.6% | Deutsche Bank | Brian Bedell | $30 → $28 | Maintains | Hold | Get Alert |
| 01/30/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 19.57% | BMO Capital | Etienne Ricard | $27 → $30 | Maintains | Market Perform | Get Alert |
| 01/19/2024 | BEN | Buy Now | Franklin Resources | $25.09 | -4.34% | Morgan Stanley | Michael Cyprys | $22 → $24 | Maintains | Underweight | Get Alert |
| 01/10/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 19.57% | UBS | Brennan Hawken | $26 → $30 | Maintains | Neutral | Get Alert |
| 01/08/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 19.57% | Wells Fargo | Finian O'Shea | $24 → $30 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/04/2024 | BEN | Buy Now | Franklin Resources | $25.09 | 27.54% | TD Cowen | Bill Kirk | → $32 | Initiates | → Market Perform | Get Alert |
| 11/02/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -12.32% | Morgan Stanley | Michael Cyprys | $23 → $22 | Maintains | Underweight | Get Alert |
| 10/11/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -4.34% | Deutsche Bank | Brian Bedell | $26 → $24 | Maintains | Hold | Get Alert |
| 10/06/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -8.33% | Morgan Stanley | Michael Cyprys | $24 → $23 | Maintains | Underweight | Get Alert |
| 08/08/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -4.34% | Morgan Stanley | Michael Cyprys | $23 → $24 | Maintains | Underweight | Get Alert |
| 08/01/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -2.35% | Goldman Sachs | Alexander Blostein | $21.5 → $24.5 | Maintains | Sell | Get Alert |
| 07/31/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -2.35% | Goldman Sachs | Alexander Blostein | $21.5 → $24.5 | Maintains | Sell | Get Alert |
| 07/31/2023 | BEN | Buy Now | Franklin Resources | $25.09 | 7.61% | BMO Capital | James Fotheringham | $24 → $27 | Maintains | Market Perform | Get Alert |
| 07/25/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -8.33% | Morgan Stanley | Michael Cyprys | $23 → $23 | Reiterates | Underweight → Underweight | Get Alert |
| 07/13/2023 | BEN | Buy Now | Franklin Resources | $25.09 | 3.63% | Wells Fargo | Finian O'Shea | $25.5 → $26 | Maintains | Underweight | Get Alert |
| 07/12/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -8.33% | Morgan Stanley | Michael Cyprys | $23 → $23 | Reiterates | Underweight → Underweight | Get Alert |
| 07/10/2023 | BEN | Buy Now | Franklin Resources | $25.09 | -4.34% | BMO Capital | James Fotheringham | $20 → $24 | Assumes | Market Perform → Market Perform | Get Alert |
FAQ
What is the target price for Franklin Resources (BEN)?
The latest price target for Franklin Resources (NYSE: BEN) was reported by Morgan Stanley on April 17, 2024. The analyst firm set a price target for $25.00 expecting BEN to fall to within 12 months (a possible -0.36% downside). 21 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Franklin Resources (BEN)?
The latest analyst rating for Franklin Resources (NYSE: BEN) was provided by Morgan Stanley, and Franklin Resources maintained their underweight rating.
When was the last upgrade for Franklin Resources (BEN)?
The last upgrade for Franklin Resources Inc happened on January 8, 2024 when Wells Fargo raised their price target to $30. Wells Fargo previously had an underweight for Franklin Resources Inc.
When was the last downgrade for Franklin Resources (BEN)?
The last downgrade for Franklin Resources Inc happened on September 8, 2022 when B of A Securities changed their price target from $28 to $25 for Franklin Resources Inc.
When is the next analyst rating going to be posted or updated for Franklin Resources (BEN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Franklin Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Franklin Resources was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating Franklin Resources (BEN) correct?
While ratings are subjective and will change, the latest Franklin Resources (BEN) rating was a maintained with a price target of $24.00 to $25.00. The current price Franklin Resources (BEN) is trading at is $25.09, which is out of the analyst’s predicted range.
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