Franklin Resources Stock: Is Wall Street Bullish or Bearish?

With a market cap of $17.6 billion, Franklin Resources, Inc. (BEN) is a publicly owned asset investment manager that provides investment services to individuals, institutions, pension plans, trusts, and partnerships. The company offers equity, fixed-income, balanced, and multi-asset mutual funds and invests across public equity, fixed-income, and alternative markets.

Shares of the investment manager have significantly surpassed the broader market over the past 52 weeks. BEN stock has surged 46.7% over this time, while the broader S&P 500 Index ($SPX) has rallied 20.9%. Moreover, shares of the company are up 47.1% on a YTD basis, compared to SPX’s 10.1% gain.