T. Rowe Price Group (TROW) has been under a strong bear grip, hence the stock is down -2.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.51% in the past 1 week. The 4-week change in the price of the stock is -2.56% and the stock has fallen -0.15% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.4% and the fifty day Moving Average is 3.08%. T. Rowe Price Group, Inc. has dropped 10.03% during the last three month period . Year-to-Date the stock performance stands at -2.2%.
T. Rowe Price Group (TROW) : 8 investment research analysts covering T. Rowe Price Group (TROW) have an average price target of $75.38 for the near short term. The highest target price given by the Brokerage Firm to the stock is $83 and the lowest target is $71 for the short term. Analysts expect the variance to be within $4.31 of the average price.
T. Rowe Price Group (NASDAQ:TROW): stock turned positive on Friday. Though the stock opened at $68.87, the bulls momentum made the stock top out at $69.64 level for the day. The stock recorded a low of $67.75 and closed the trading day at $68.88, in the green by 0.25%. The total traded volume for the day was 1,282,806. The stock had closed at $68.71 in the previous days trading.
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.