Alert: Positive Investment/Fundamental Signals (12/22/23)-Franklin Resources Inc (NYSE: BEN)

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Extremely significant positive changes in Franklin Resources Inc (NYSE: BEN) investment behavior have recently occurred: positive upside/downside volume developed, and its longer term price trend turned up.

Recent notable positive changes in fundamentals have benefitted Franklin Resources Inc (NYSE: BEN): significant quarterly earnings acceleration occurred, and the consensus estimate for September, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BEN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Franklin Resources has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Franklin Resources has a neutral Power Rating of 56 but a very high Appreciation Score of 86, triggering the Positive Value Trend Rating.

Recent Price Action

Franklin Resources Inc (NYSE: BEN) stock rose modestly by 0.5% on 12/22/23. The stock closed at $29.70. However, this advance was accompanied by unusually low trading volume at 53% of normal. The stock has performed in line with the market over the last nine months and has risen 1.1% during the last week.

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