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Franklin Resources (BEN) Stock Forecast & Price Target

$23.49
-0.11 (-0.47%)
(As of 07/19/2024 ET)

Franklin Resources - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Franklin Resources in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 3 have given a sell rating, and 5 have given a hold rating for BEN.

Consensus Price Target

$25.15
7.07% Upside
High Forecast$30.00
Average Forecast$25.15
Low Forecast$21.00

According to the 8 analysts' twelve-month price targets for Franklin Resources, the average price target is $25.15. The highest price target for BEN is $30.00, while the lowest price target for BEN is $21.00. The average price target represents a forecasted upside of 7.07% from the current price of $23.49.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Reduce
Reduce
Reduce
Sell
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
6 Sell rating(s)
Consensus Price Target$25.15$26.00$27.50$24.55
Forecasted Upside7.07% Upside2.88% Upside0.81% Upside-12.78% Downside
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BEN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Franklin Resources Stock vs. The Competition

TypeFranklin ResourcesFinance CompaniesS&P 500
Consensus Rating Score
1.63
2.45
2.51
Consensus RatingReduceHoldModerate Buy
Predicted Upside7.02% Upside37.37% Upside9.96% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$25.00 ➝ $24.00+8.45%
7/8/2024TD Cowen
4 of 5 stars
 Lower TargetHold ➝ Hold$25.50 ➝ $23.00+4.07%
4/30/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetHold ➝ Hold$29.00 ➝ $24.00+4.35%
4/30/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$30.00 ➝ $27.00+17.65%
4/30/2024Evercore ISI
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 Lower TargetUnderperform ➝ Underperform$29.00 ➝ $26.00+13.29%
4/17/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$24.00 ➝ $25.00+0.79%
1/8/2024Wells Fargo & Company
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 UpgradeUnderweight ➝ Equal Weight$24.00 ➝ $30.00+3.88%
10/10/2023Jefferies Financial Group
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 Lower Target$28.00 ➝ $27.00+12.03%
10/4/2023Bank of America
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 Lower Target$24.00 ➝ $21.00-10.10%
8/1/2023The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$21.50 ➝ $24.50-15.66%
1/31/2023Keefe, Bruyette & Woods
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 Boost TargetUnderperform$26.00 ➝ $27.00-13.46%
1/31/2023JPMorgan Chase & Co.
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 Boost TargetNeutral$26.00 ➝ $27.00-13.46%
11/2/2022Credit Suisse Group
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 Lower TargetNeutral$21.00 ➝ $20.00-11.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:56 PM ET.

BEN Forecast - Frequently Asked Questions

What is Franklin Resources' forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Franklin Resources is $25.15, with a high forecast of $30.00 and a low forecast of $21.00.

Should I buy or sell Franklin Resources stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BEN shares.

Does Franklin Resources's stock price have much upside?

According to analysts, Franklin Resources's stock has a predicted upside of 3.08% based on their 12-month stock forecasts.

What analysts cover Franklin Resources?

Franklin Resources has been rated by research analysts at BMO Capital Markets, Deutsche Bank Aktiengesellschaft, Evercore ISI, TD Cowen, and UBS Group in the past 90 days.

Do Wall Street analysts like Franklin Resources more than its competitors?

Analysts like Franklin Resources less than other "finance" companies. The consensus rating for Franklin Resources is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how BEN compares to other companies.


This page (NYSE:BEN) was last updated on 7/19/2024 by MarketBeat.com Staff

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