J.P. Morgan analyst Ken Worthington maintained a Sell rating on T Rowe Price (TROW – Research Report) on July 29 and set a price target of $90.00. The company’s shares closed last Friday at $123.47, close to its 52-week low of $104.72.
According to TipRanks.com, Worthington is a 3-star analyst with an average return of 1.1% and a 50.6% success rate. Worthington covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Victory Capital Holdings, and Janus Henderson Group.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for T Rowe Price with a $107.22 average price target, implying a -10.9% downside from current levels. In a report issued on July 29, UBS also maintained a Sell rating on the stock with a $84.00 price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $224.56 and a one-year low of $104.72. Currently, T Rowe Price has an average volume of 1.75M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Maryland-based T. Rowe Price Group, Inc. is a global investment management company that provides funds, advisory services, account management, and retirement plans and services. The company offers its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.
Read More on TROW:
- Houlihan Lokey (HLI) Receives a Hold from J.P. Morgan
- Cullen/Frost Bankers (CFR) Receives a Buy from J.P. Morgan
- J.P. Morgan Maintains a Buy Rating on Macquarie Group Limited (MCQEF)
- Kinsale Capital Group (KNSL) Gets a Hold Rating from J.P. Morgan
- J.P. Morgan Maintains Their Buy Rating on Laboratory (LH)
