Zacks Investment Research upgraded T. Rowe Price Group Inc (NASDAQ:TROW) to Hold in a report released today.
- Updated: October 7, 2016
Zacks Investment Research has upgraded T. Rowe Price Group Inc (NASDAQ:TROW) to Hold in a report released on 10/07/2016.
Just yesterday T. Rowe Price Group Inc (NASDAQ:TROW) traded -1.05% lower at $66.37. T. Rowe Price Group Inc’s 50-day moving average is $67.77 and its 200-day moving average is $72.00. The last closing price is down -7.46% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 895,086 shares of TROW traded hands, down from an average trading volume of 1,399,070
Recent Performance Chart
T. Rowe Price Group Inc has 52 week low of $63.57 and a 52 week high of $79.00 with a PE ratio of 16.05 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $79.06 with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 14 firms rating the stock a hold, 1 equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
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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