Credit Suisse Sticks to Its Buy Rating for T Rowe Price

In a report released yesterday, Craig Siegenthaler from Credit Suisse maintained a Buy rating on T Rowe Price (NASDAQ: TROW), with a price target of $154. The company’s shares closed yesterday at $116.09.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 7.9% and a 64.1% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Raymond James Financial, WisdomTree Investments, and Affiliated Managers.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for T Rowe Price with a $126.33 average price target.

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The company has a one-year high of $127.43 and a one-year low of $74.16. Currently, T Rowe Price has an average volume of 1.28M.

Based on the recent corporate insider activity of 153 insiders, corporate insider sentiment is negative on the stock.

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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.