Credit Suisse Sticks to Their Hold Rating for T Rowe Price

By Austin Angelo

Credit Suisse analyst Craig Siegenthaler maintained a Hold rating on T Rowe Price (NASDAQ: TROW) on March 27 and set a price target of $123. The company’s shares closed yesterday at $105.79.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 8.1% and a 64.7% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Janus Henderson Group plc, Raymond James Financial, and Affiliated Managers.

T Rowe Price has an analyst consensus of Moderate Buy, with a price target consensus of $118.83.

T Rowe Price’s market cap is currently $25.93B and has a P/E ratio of 17.72. The company has a book value ratio of 4.4520.

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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.