Do Wall Street Analysts Like Franklin Resources Stock?

Franklin Resources, Inc. (BEN), with a market capitalization of $13.4 billion, is a global investment management and financial services holding company that operates principally through its flagship brand Franklin Templeton. Headquartered in San Mateo, California, the firm manages a wide array of investment products and solutions, including equities, fixed income, balanced and multi-asset funds, ETFs, and alternative strategies, for a diverse client base of individual, institutional, and high-net-worth investors worldwide. 

Shares of the leading asset management company have outperformed the broader market considerably over the past year. BEN has increased 29.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.4%. Over the past six months, however, Franklin Resources stock climbed 5.3%, lagging behind $SPX’s 9.4% rally.