Global Expansion: Lexington Partners has opened a new office in Abu Dhabi, increasing its global footprint to nine offices and reinforcing its over 25-year investor relationships in the Middle East, thereby enhancing its service capabilities to meet regional demands.
Leadership Adjustment: Doug Bourne has been appointed to lead the new office, leveraging his 15 years of experience in investor relations in the region to strengthen connections with local investors and drive business growth.
Support Team Development: Thomas Dunn has relocated from the London office to Abu Dhabi to support the expansion and help build local investment capabilities, further enhancing the team's professionalism and market responsiveness.
Strategic Significance: The establishment of the new office represents a natural extension of Lexington's global platform and underscores the firm's commitment to the Middle East, aiming to meet the liquidity needs of regional institutional investors through tailored solutions.
BEN
$23.62+Infinity%1D
Analyst Views on BEN
Wall Street analysts forecast BEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEN is 24.33 USD with a low forecast of 20.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast BEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEN is 24.33 USD with a low forecast of 20.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
4 Sell
Moderate Sell
Current: 23.480
Low
20.00
Averages
24.33
High
31.00
Current: 23.480
Low
20.00
Averages
24.33
High
31.00
Barclays
Benjamin Budish
Underweight
maintain
$20 -> $22
2025-12-12
New
Reason
Barclays
Benjamin Budish
Price Target
$20 -> $22
2025-12-12
New
maintain
Underweight
Reason
Barclays analyst Benjamin Budish raised the firm's price target on Franklin Resources to $22 from $20 and keeps an Underweight rating on the shares. The firm adjusted targets in the brokers, asset managers and exchanges group as part of its 2026. Market conditions "look constructive" going into 2026, particularly for the alternative asset managers and wealth brokers, the analyst tells investors in a research note. Barclays sees a more mixed outlook for the exchanges and traditional asset managers.
BofA
Craig Siegenthaler
Underperform
downgrade
$23 -> $21
2025-12-10
Reason
BofA
Craig Siegenthaler
Price Target
$23 -> $21
2025-12-10
downgrade
Underperform
Reason
BofA analyst Craig Siegenthaler lowered the firm's price target on Franklin Resources to $21 from $23 and keeps an Underperform rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
JPMorgan
Neutral
downgrade
$26 -> $25
2025-11-10
Reason
JPMorgan
Price Target
$26 -> $25
2025-11-10
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Franklin Resources to $25 from $26 and keeps a Neutral rating on the shares. The company's fiscal Q4 earnings were supported by performance fees but upside remains limited in the near term, the analyst tells investors in a research note.
Barclays
Underweight
downgrade
$23 -> $20
2025-10-21
Reason
Barclays
Price Target
$23 -> $20
2025-10-21
downgrade
Underweight
Reason
Barclays lowered the firm's price target on Franklin Resources to $20 from $23 and keeps an Underweight rating on the shares as part of a Q3 preview for the asset managers. Assets under management estimates rose due to market appreciation in Q3, relative to Q2, though flow profiles were mostly negative, the analyst tells investors in a research note.
About BEN
Franklin Resources, Inc. is a global investment management company with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Through its specialist investment managers, the Company offers specialization on a global scale, bringing capabilities in equity, fixed income, alternatives and multi-asset solutions. It provides its investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. 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 funds include registered funds (including exchange-traded funds) and unregistered funds. It offers its services and products under its various distinct brand names, including, but not limited to, Alcentra, Benefit Street Partners, Brandywine Global Investment Management, Canvas, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.