In the last three months, 7 analysts have published ratings on T. Rowe Price Gr TROW, offering a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 3 | 3 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 2 | 0 |
| 3M Ago | 0 | 0 | 1 | 1 | 1 |
Analysts have recently evaluated T. Rowe Price Gr and provided 12-month price targets. The average target is $106.86, accompanied by a high estimate of $125.00 and a low estimate of $94.00. This current average reflects an increase of 8.09% from the previous average price target of $98.86.
Exploring Analyst Ratings: An In-Depth Overview
A comprehensive examination of how financial experts perceive T. Rowe Price Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Chris Allen | Citigroup | Raises | Neutral | $125.00 | $110.00 |
| Glenn Schorr | Evercore ISI Group | Raises | In-Line | $108.00 | $105.00 |
| Ken Worthington | JP Morgan | Raises | Underweight | $94.00 | $90.00 |
| Finian O'Shea | Wells Fargo | Raises | Underweight | $108.00 | $105.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $106.00 | $101.00 |
| Brennan Hawken | UBS | Raises | Sell | $102.00 | $86.00 |
| Finian O'Shea | Wells Fargo | Raises | Underweight | $105.00 | $95.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to T. Rowe Price Gr. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of T. Rowe Price Gr compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
For valuable insights into T. Rowe Price Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on T. Rowe Price Gr analyst ratings.
Unveiling the Story Behind T. Rowe Price Gr
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.
Unraveling the Financial Story of T. Rowe Price Gr
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, T. Rowe Price Gr showcased positive performance, achieving a revenue growth rate of 7.73% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: T. Rowe Price Gr's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 25.94%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): T. Rowe Price Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.51% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): T. Rowe Price Gr's ROA stands out, surpassing industry averages. With an impressive ROA of 3.43%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.03.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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