Short Term Rating on T. Rowe Price Group (TROW)

T. Rowe Price Group (TROW) has an average broker rating of 2.54, which is interpreted as a Hold, as rated by 13 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

T. Rowe Price Group (TROW) : The most positive equity analysts on T. Rowe Price Group (TROW) expects the shares to touch $83, whereas, the least positive believes that the stock will trade at $74 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $77.38 with an expected fluctuation of $3.2 from the mean.

Company shares have received an average consensus rating of Hold for the current week


T. Rowe Price Group (NASDAQ:TROW): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.04 and $73.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.47, notching a gain of 1.54% for the day. The total traded volume was 1,273,176 . The stock had closed at $73.34 on the previous day.

T. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. Its assets under management are accumulated from a client base across four primary distribution channels: third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors globally. The assets that it manages include a range of the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. It offers advisory services and a distribution management service. It provides administrative services as ancillary services to its investment advisory clients.

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