Franklin Resources, Inc. (NYSE:BEN) gets downgraded to Sell by Citigroup

ME Staff
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Analyst Ratings For Franklin Resources, Inc. (NYSE:BEN)

Today, Franklin Resources, Inc. (NYSE:BEN) stock was downgraded by Citigroup from Neutral to Sell.

There are 7 Sell Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on Franklin Resources, Inc. (NYSE:BEN) is Sell with a consensus target price of $29.8355 per share, a potential 1.82% downside.

Some recent analyst ratings include

  • 1/14/2019-Franklin Resources, Inc. (NYSE:BEN) gets downgraded to Sell by Citigroup
  • 1/11/2019-Franklin Resources, Inc. (NYSE:BEN) gets downgraded to Underperform by Bank of America
  • 1/10/2019-Franklin Resources, Inc. (NYSE:BEN) had its Sell rating reiterated by Barclays with a $23.00 price target
  • 1/9/2019-Franklin Resources, Inc. (NYSE:BEN) had its Hold rating reiterated by Keefe, Bruyette & Woods with a $28.00 price target
  • 1/9/2019-Franklin Resources, Inc. (NYSE:BEN) had its Hold rating reiterated by Jefferies Financial Group with a $30.00 price target
  • 1/8/2019-Franklin Resources, Inc. (NYSE:BEN) gets downgraded to Underperform by Evercore ISI with a price target of $30.19
  • On 12/3/2018 Craig Steven Tyle, EVP, sold 10,216 with an average share price of $34.26 per share and the total transaction amounting to $350,000.16.
  • On 11/23/2018 Rupert H Johnson Jr, Vice Chairman, sold 323,000 with an average share price of $32.42 per share and the total transaction amounting to $10,471,660.00.
  • On 9/21/2018 Jed A Plafker, Insider, sold 4,820 with an average share price of $32.85 per share and the total transaction amounting to $158,337.00.
  • On 9/4/2018 Craig Steven Tyle, EVP, sold 11,165 with an average share price of $31.35 per share and the total transaction amounting to $350,022.75.
  • On 12/21/2017 Jed A. Plafker, Insider, sold 7,790 with an average share price of $43.92 per share and the total transaction amounting to $342,136.80.
  • On 12/19/2017 Gregory E Johnson, Chairman, sold 49,988 with an average share price of $43.58 per share and the total transaction amounting to $2,178,477.04.
  • On 12/1/2017 Rupert H Johnson Jr, Vice Chairman, sold 400,000 with an average share price of $42.95 per share and the total transaction amounting to $17,180,000.00.

About Franklin Resources, Inc. (NYSE:BEN)
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

Recent Trading Activity for Franklin Resources, Inc. (NYSE:BEN)
Shares of Franklin Resources, Inc. closed the previous trading session at 30.56 up +0.23 0.76% with 1315815 shares trading hands.