Franklin Resources Stock Outlook: Is Wall Street Bullish or Bearish?

Valued at a market cap of $11.7 billion, Franklin Resources, Inc. (BEN) is an asset management company based in San Mateo, California. It offers a broad range of investment solutions, including equities, fixed income, multi-asset, and alternative strategies, to individual, institutional and sovereign clients across more than 150 countries. 

This asset management company has underperformed the broader market over the past 52 weeks. Shares of BEN have gained 8.3% over this time frame, while the broader S&P 500 Index ($SPX) has surged 17.7%. Moreover, on a YTD basis, the stock is up 11.2%, compared to SPX’s 16.6% uptick.