Jefferies Sticks to Its Buy Rating for T Rowe Price

By Austin Angelo

In a report released today, Daniel Fannon from Jefferies reiterated a Buy rating on T Rowe Price (NASDAQ: TROW), with a price target of $125. The company’s shares opened today at $105.47.

According to TipRanks.com, Fannon is a top 100 analyst with an average return of 16.2% and a 76.9% success rate. Fannon covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Janus Henderson Group plc.

T Rowe Price has an analyst consensus of Moderate Buy, with a price target consensus of $121.

The company has a one-year high of $120.07 and a one-year low of $67.62. Currently, T Rowe Price has an average volume of 1.85M.

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T. Rowe Price Group, Inc. is a financial services holding company, which engages in the provision of investment management services through its subsidiaries.