Barclays cuts target for Franklin Resources stock to USD 34.00
Published on 10/20/2026 at 21:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and operating figures
- Barclays lowered its Franklin Resources target from USD 36.00 to USD 34.00 on October 14, 2026.
- Third-quarter revenue rose 14.30 percent year over year to USD 2.36 billion.
- Franklin Resources stock costs EUR 27.79 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST.
- The NYSE price was USD 31.23 at 3:42 p.m. ET on October 20, 2026.
Franklin Resources (US3546131018) faces a lower Barclays target of USD 34.00 after the bank cut it from USD 36.00 on October 14, 2026. According to MarketBeat, Barclays kept an equal-weight rating. Franklin Resources was trading at EUR 27.79 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST, after the Xetra session.
Revenue provides a second signal
Franklin Resources reported third-quarter revenue of USD 2.36 billion, up 14.30 percent from the prior-year quarter. Quarterly earnings per share reached USD 0.72, compared with a USD 0.66 consensus estimate, according to MarketBeat. The figures cover the quarter ended June 30, 2026.
What does the target imply?
The NYSE quote was USD 31.23 on October 20, 2026 at 3:42 p.m. ET. Barclays' USD 34.00 target is 8.87 percent above that price, while the wider analyst range cited by MarketBeat runs from USD 34.00 to USD 40.00. The target cut therefore leaves a positive gap, but the direction of the latest analyst revision was negative.
Valuation and price position
Franklin Resources had a market capitalization of USD 15.9 billion as of October 20, 2026, with a price-to-earnings ratio of 20.80 and a trailing dividend yield of 4.00 percent. Its 52-week range was USD 21.11 to USD 36.28, placing the NYSE price USD 5.05 below the high and USD 10.12 above the low.
Comparison with peers
Franklin Resources: USD 31.23, price-to-earnings ratio 20.80, market capitalization USD 15.9 billion.
BlackRock (NYSE, USD): USD 1,125.69, price-to-earnings ratio 25.61, market capitalization USD 174.3 billion.
T. Rowe Price Group (NYSE, USD): USD 101.65, price-to-earnings ratio 10.20, market capitalization USD 21.7 billion.
Franklin Resources stock after hours
The euro quotation gives German investors a current after-hours marker, while the primary NYSE price supplies the home-market valuation context. Franklin Resources operates under the Franklin Templeton brand and provides equity, fixed-income, multi-asset and alternative investment strategies, according to Franklin Resources.
The further course of trading is shown by the continuously updated real-time quote of Franklin Resources stock.
Franklin Resources market data
- Company: Franklin Resources, Inc.
- ISIN: US3546131018
- Ticker: BEN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:38 p.m. CEST): EUR 27.79
- Market capitalization: USD 15.9 billion (as of October 20, 2026)
- 52-week range: USD 21.11-36.28 (as of October 20, 2026)
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
