Stock To Watch: T. Rowe Price Group, Inc. (NASDAQ:TROW)


The leading market experts have placed a mean price target of $78.50 on T. Rowe Price Group, Inc. (NASDAQ:TROW) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.16 a share for the upcoming quarter and $4.53 for the current fiscal. Technical View The technical analysis of T. Rowe Price Group, Inc. plainly substantiates that the 50-day moving average of T. Rowe Price Group, Inc. is $74.80, and stock is hovering -3.43 or -4.58% distant from $74.80. It is noted that the 200-day MA is $72.18, and T. Rowe Price Group, Inc. stock is $-0.81 or -1.12% off from this point. T. Rowe Price Group, Inc. (NASDAQ:TROW) 52-week high is $79.81 and the 52-week low is $63.57. This explains if the stock moves $-8.44, it will post a 52-week high. In event of $+12.27% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of T. Rowe Price Group, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, T. Rowe Price Group, Inc. (NASDAQ:TROW) ratio came in at 15.35. The stock last ended the trading session at $71.37 and registered a market cap of $17.71B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. T. Rowe Price Group, Inc. (NASDAQ:TROW) PEG ratio is at 1.89.

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