T. Rowe Price Group Inc (NASDAQ:TROW) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Boasting a price of $65.25, T. Rowe Price Group Inc (NASDAQ:TROW) traded 0.31% higher on the day. With the last stock price close down -9.58% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. T. Rowe Price Group Inc has recorded a 50-day average of $68.33 and a two hundred day average of $72.33. Volume of trade was down over the average, with 444,616 shares of TROW changing hands under the typical 1,396,100
Zacks Investment Research has downgraded T. Rowe Price Group Inc (NASDAQ:TROW) to Sell in a statement released on 9/27/2016.
On 9/09/2016, Deutsche Bank released a statement for T. Rowe Price Group Inc (NASDAQ:TROW) bumped up the target price from $71.00 to $74.00 that suggested an upside of 0.07%.
With a total market value of $0, T. Rowe Price Group Inc has price-earnings ratio of 15.76 with a one year low of $63.57 and a one year high of $79.00 .
A total of 16 equity analysts have released a research note on TROW. Three equity analysts rating the company a strong buy, two equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $79.06.
More About T. Rowe Price Group Inc (NASDAQ:TROW)
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. It operates through investment advisory business segment. Its assets under management are accumulated from a client base across over four primary distribution channels, including third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual the United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors across the globe. It manages assets, including the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. The Company offers advisory services, distribution management and administrative services.
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