Forecasting The Future: 11 Analyst Projections For T. Rowe Price Group

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11 analysts have expressed a variety of opinions on T. Rowe Price Group TROW over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 8 3 0
Last 30D 0 0 1 0 0
1M Ago 0 0 2 1 0
2M Ago 0 0 2 1 0
3M Ago 0 0 3 1 0

Analysts have set 12-month price targets for T. Rowe Price Group, revealing an average target of $116.73, a high estimate of $132.00, and a low estimate of $105.00. A decline of 0.31% from the prior average price target is evident in the current average.

price target chart

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive T. Rowe Price Group 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
Michael Cyprys Morgan Stanley Lowers Equal-Weight $121.00 $126.00
Aidan Hall Keefe, Bruyette & Woods Raises Market Perform $113.00 $111.00
Michael Brown Wells Fargo Lowers Equal-Weight $116.00 $118.00
Benjamin Budish Barclays Lowers Underweight $105.00 $113.00
Benjamin Budish Barclays Lowers Underweight $113.00 $115.00
Michael Brown Wells Fargo Lowers Equal-Weight $118.00 $124.00
Aidan Hall Keefe, Bruyette & Woods Lowers Market Perform $111.00 $116.00
Michael Cyprys Morgan Stanley Raises Equal-Weight $132.00 $129.00
Aidan Hall Keefe, Bruyette & Woods Raises Market Perform $116.00 $114.00
Michael Brown Wells Fargo Raises Equal-Weight $124.00 $112.00
Benjamin Budish Barclays Raises Underweight $115.00 $110.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to T. Rowe Price Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of T. Rowe Price Group compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for T. Rowe Price Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of T. Rowe Price Group's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on T. Rowe Price Group analyst ratings.

Delving into T. Rowe Price Group's Background

T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of October 2024, the firm had $1.607 trillion in managed assets, composed of equity (51%), balanced (34%), 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 US-based asset manager, deriving less than 10% of its AUM from overseas.

Financial Insights: T. Rowe Price Group

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining T. Rowe Price Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.11% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.

Net Margin: T. Rowe Price Group's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 23.47%, the company may face hurdles in effective cost management.

Return on Equity (ROE): T. Rowe Price Group's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.16%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): T. Rowe Price Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.15%, the company showcases efficient use of assets and strong financial health.

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

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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