T. Rowe Price Group (NASDAQ:TROW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.43 by 14 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Deutsche Bank maintains its ratings on T. Rowe Price Group (NASDAQ:TROW). In the latest research report, Deutsche Bank lowers the target price from $86 per share to $82 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 16, 2016.
T. Rowe Price Group (NASDAQ:TROW) stock has received a short term price target of $ 80.44 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $6.27. The higher estimate of target price is $95 , while the lower price target estimate is $74
T. Rowe Price Group (NASDAQ:TROW) witnessed a decline in the market cap on Tuesday as its shares dropped 0.5% or 0.36 points. After the session commenced at $72.43, the stock reached the higher end at $72.84 while it hit a low of $71.65. With the volume soaring to 1,309,750 shares, the last trade was called at $71.85. The company has a 52-week high of $79.81. The company has a market cap of $17,833 million and there are 248,203,140 shares in outstanding. The 52-week low of the share price is $63.57.
Shares of T. Rowe Price Group, Inc. appreciated by 1% during the last five trading days but lost 3.33% on a 4-week basis. T. Rowe Price Group, Inc. has dropped 0.96% during the last 3-month period . Year-to-Date the stock performance stands at 2.01%.
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.