Franklin Resources Inc (NYSE: BEN) stock closed at $19.78 on 8/21/24 after a major decline of -12.6%. Moreover, trading volume in this decline was exceptionally high at 588% of normal. The stock has declined -9.6% during the last week and has been weak relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Franklin Resources has a very high Appreciation Score of 92 but a poor Power Rating of 25, producing the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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