Analysts fell to the sidelines weighing in on Franklin Resources (BEN – Research Report) and Atlas (ATCO – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Franklin Resources (BEN)
In a report released today, James Fotheringham from BMO Capital maintained a Hold rating on Franklin Resources, with a price target of $22.00. The company’s shares closed last Thursday at $22.15, close to its 52-week low of $20.24.
According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of
Currently, the analyst consensus on Franklin Resources is a Moderate Sell with an average price target of $21.78, representing a -1.8% downside. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a $23.00 price target.
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Atlas (ATCO)
In a report released today, Fadi Chamoun from BMO Capital maintained a Hold rating on Atlas, with a price target of $15.50. The company’s shares closed last Thursday at $15.29, close to its 52-week high of $16.23.
According to TipRanks.com, Chamoun is a 5-star analyst with an average return of
Atlas has an analyst consensus of Hold, with a price target consensus of $15.50, implying a 1.4% upside from current levels. In a report issued on November 1, B.Riley Financial also downgraded the stock to Hold with a $15.50 price target.
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