Franklin Resources traded at $31.83 this Friday May 15th, decreasing $0.52 or 1.61 percent since the previous trading session. Looking back, over the last four weeks, Franklin Resources lost 19.89 percent. Over the last 12 months, its price rose by 42.23 percent. Looking ahead, we forecast Franklin Resources to be priced at 31.19 by the end of this quarter and at 29.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Franklin Resources, Inc. is a holding company with subsidiaries operating under its Franklin Templeton and/or subsidiary brand names. The Company through its investment products, provides investment management and related services to retail, institutional and high-net-worth investors. Its investment products include its sponsored funds, as well as institutional and high-net-worth separate accounts, retail separately managed account programs, sub-advised products, and other investment vehicles. Its sponsored funds include registered funds (including exchange-traded funds) and unregistered funds. It provides a product mix of fixed income, equity, multi-asset, alternative and cash management asset classes and solutions that meet a variety of investment needs for investors. In addition to investment management, the Company's services include fund administration, sales and distribution, and shareholder servicing.