T. Rowe Price Group Inc (TROW) Stock Forecast & Price Target
T. Rowe Price Group Inc · NASDAQ
$121.67+2.46 (+2.06%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering T. Rowe Price Group Inc, 0 rate it Buy or better, 5 sit at Hold, and 4 rate it Sell or worse, a moderate sell consensus. Targets span $80.00 to $121.00, a moderate spread. The average target of $105.75 sits 13% below the current $121.67. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.68 next quarter toward $10.38 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold556%
Sell444%
Strong Sell00%
Based on 9 analysts giving stock ratings to T. Rowe Price Group Inc.
As of Jul, 0 of 9 firms rate TROW a Buy (5 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
TROW EPS & revenue forecast
EPS · NEXT QUARTER
$2.68
Range $2.43 – $2.96 · 10 analysts · -4% YoY
Next period, 10 analysts expect T. Rowe Price Group Inc to earn $2.68 a share (range $2.43 – $2.96), versus $2.81 a year earlier. Full-year consensus is $10.17, growing to $10.38 the year after.
REVENUE · NEXT QUARTER
$2.0B
Range $2.0B – $2.0B · 10 analysts · +5% YoY
Revenue is expected to reach $2.0B (range $2.0B – $2.0B), +5.5% year-over-year. Full-year consensus is $7.8B, rising to $8.1B next year.
Top analysts covering T. Rowe Price Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on TROW.
#1
Benjamin Budish
Barclays · Rank #101
Sell
$108.00-11.2% to target
Overall win rate
48%
+ Follow
#2
Michael Cyprys
Morgan Stanley · Rank #253
Hold
$109.00-10.4% to target
Overall win rate
39%
+ Follow
#3
Glenn Schorr
Evercore ISI Group
Hold
$121.00-0.6% to target
Coverage
—
+ Follow
#4
AB
Alex Bond
Keefe, Bruyette & Woods
Hold
$120.00-1.4% to target
Coverage
—
+ Follow
#5
BK
Bill Katz
TD Cowen
Hold
$107.00-12.1% to target
Coverage
—
+ Follow
TROW stock forecast FAQ
What is TROW's average 12-month price target?+
The 8 analysts with a live target average $105.75 for T. Rowe Price Group Inc over the next 12 months, ranging from a $121.00 high to a $80.00 low.
Is TROW stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 9 analyst ratings, 0 are Buy or Strong Buy, 5 are Hold, and 4 are Sell or Strong Sell.
What are the highest and lowest price targets for TROW?+
The Street-high target is $121.00 (Evercore ISI Group), and the Street-low is $80.00 (Goldman Sachs). The average of all 8 active targets is $105.75.
How many Wall Street analysts cover TROW?+
9 analysts have an active rating on T. Rowe Price Group Inc, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering TROW?+
Among analysts who currently cover TROW, Benjamin Budish of Barclays has the strongest overall Quantellect track record (Rank #101). Their current call is Sell with a $108.00 target.
What is T. Rowe Price Group Inc's projected EPS for next quarter?+
The consensus estimate is $2.68 per share (range $2.43 – $2.96) across 10 analysts. Full-year EPS is projected at $10.17, rising to $10.38 the following year.
How much revenue is T. Rowe Price Group Inc expected to report next quarter?+
Consensus revenue is $2.0B (range $2.0B – $2.0B). Full-year revenue is projected at $7.8B, growing to $8.1B next year.
Have analysts been upgrading or downgrading TROW lately?+
As of Jul, 0 of 9 firms rate TROW a Buy (5 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their TROW calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
