Stock Rating Downgrade
In recent days the Value Trend Rating for Franklin Resources Inc (NYSE: BEN) fell significantly from A to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Franklin Resources Inc (NYSE: BEN) stock increased 1.0% on 8/9/24. The shares closed at $22.16. However, trading volume in this advance was below average at 80% of normal. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
BEN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Franklin Resources has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Franklin Resources has a very high Appreciation Score of 92 but a poor Power Rating of 26, resulting in the High Neutral Value Trend Rating.
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