T. Rowe Price Group (TROW) Stock Forecast & Price Target

$106.33

-2.58 (-2.37%)

(As of 02/9/2024 08:57 PM ET)

T. Rowe Price Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Sell
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$97.30
-8.49% Downside

High Forecast	$110.00
Average Forecast	$97.30
Low Forecast	$72.00

Type	Current Forecast 2/12/23 to 2/12/24	1 Month Ago 1/13/23 to 1/13/24	3 Months Ago 11/14/22 to 11/14/23	1 Year Ago 2/12/22 to 2/12/23
Consensus Rating	Sell	Sell	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	6 Sell rating(s)	7 Sell rating(s)	5 Sell rating(s)	5 Sell rating(s)
Consensus Price Target	$97.30	$93.42	$94.45	$100.30
Predicted Upside	-8.49% Downside	-13.43% Downside	-15.27% Downside	-17.39% Downside

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TROW Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TROW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

T. Rowe Price Group Stock vs. The Competition

Type	T. Rowe Price Group	Finance Companies	S&P 500
Consensus Rating Score	1.40	2.43	2.48
Consensus Rating	Sell	Hold	Hold
Predicted Upside	-8.49% Downside	74.72% Upside	8.84% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
2/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$90.00 ➝ $94.00	-11.60%
2/9/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$105.00 ➝ $108.00	-0.84%
1/19/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$101.00 ➝ $106.00	-2.68%
1/10/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$86.00 ➝ $102.00	-4.59%
1/4/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$88.00	-17.21%
10/31/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$100.00 ➝ $95.00	+5.53%
10/11/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$113.00 ➝ $110.00	+4.89%
7/31/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$89.50 ➝ $100.00	-21.13%
5/3/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
5/3/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
4/13/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	In-Line	$101.00 ➝ $98.00	-13.17%
4/5/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform	$78.00 ➝ $72.00	-33.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:01 AM ET.

TROW Price Target - Frequently Asked Questions

What is T. Rowe Price Group's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for T. Rowe Price Group stock is Strong Sell based on the current 6 sell ratings and 4 hold ratings for TROW. The average twelve-month price prediction for T. Rowe Price Group is $97.30 with a high price target of $110.00 and a low price target of $72.00. Learn more on TROW's analyst rating history.
Do Wall Street analysts like T. Rowe Price Group more than its competitors?: Analysts like T. Rowe Price Group less than other Finance companies. The consensus rating for T. Rowe Price Group is Sell while the average consensus rating for finance companies is Hold. Learn more on how TROW compares to other companies.
Does T. Rowe Price Group's stock price have much downside?: According to analysts, T. Rowe Price Group's stock has a predicted downside of -9.99% based on their 12-month stock forecasts.

What analysts cover T. Rowe Price Group?: T. Rowe Price Group has been rated by JPMorgan Chase & Co., Morgan Stanley, TD Cowen, UBS Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:TROW) was last updated on 2/12/2024 by MarketBeat.com Staff

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T. Rowe Price Group (TROW) Stock Forecast & Price Target

T. Rowe Price Group Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

TROW Analyst Ratings By Month

TROW Price Targets by Month

T. Rowe Price Group Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

TROW Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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