T Rowe Price (TROW) Receives a Sell from Barclays

By Ryan Adsit

Barclays analyst Jeremy Campbell maintained a Sell rating on T Rowe Price (TROWResearch Report) on July 16 and set a price target of $97. The company’s shares closed yesterday at $108.88.

According to TipRanks.com, Campbell is a 4-star analyst with an average return of 4.8% and a 55.7% success rate. Campbell covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Cboe Global Markets Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for T Rowe Price with a $109.80 average price target.

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T Rowe Price’s market cap is currently $25.74B and has a P/E ratio of 14.39. The company has a Price to Book ratio of 4.08.

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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.