In recent times, Franklin Resources (BEN) has been demonstrating noteworthy trends, resulting in various experts offering their own views. The company has implemented a share buyback program and raised its dividend, now at $0.33. The relative strength rating has seen an improvement, currently at 71, while Barclays maintains an underweight recommendation. A steady trend has seen preliminary AUM reach $1.67 trillion, even after evaluation following the loss of share price momentum.
Recent analysis indicates that BEN is a strong value stock, made more so after beating earnings estimates and Western Asset Trade Allocation Probe's clearance by the DOJ. BEN's value is further emphasized considering the company's long history of delivering dividends, its recent upgrade and stock repurchase program expansion. This strong performance has been set against Barclays and BofA maintaining underweight and 'sell' ratings respectively.
Franklin Resources has also launched a new XRP ETF, signaling potential blockchain innovation. A strategic partnership with Binance to create digital asset projects marks a significant foray into the crypto space. However, caution placards exist; a need to reassess valuation after a recent performance plateau, and the resolution of BEN's DOJ investigation could pose challenges.
Franklin Resources BEN News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Tue, 23 Dec 2025 22:37:41 GMT - Rating 7 - Innovation 3 - Information 7 - Rumor -2
