T. Rowe Price Group Inc. (TROW) has recently displayed a mixed performance. Despite a robust Q2 EPS growth amid net outflows and a Y/Y rise in Assets Under Management (AUM), the company's stock has underperformed relative to competitors and encountered a dip following a Q2 revenue miss. However, Q2 earnings did beat estimates, and H1 Financial Performance Webcast Announcement is in the offing.
Analysts' views on TROW range from increased ratings to advisories to steer clear. Some Wall Street forecasters have revamped their expectations ahead of Q2 earnings, and the stock's price target has been raised to $107.00. Still, shares sold by GAMCO Investors and from T. Rowe Price Group insiders suggest some hesitancy.
Notwithstanding, the company looks forward to a potential end in outflows by 2025. Meanwhile, stakeholders look forward to growth in the Blue Bond Market, and the investment firm receives accolades for its ESG Investment Initiative. Conversely, shareholders faced a 32% loss from investing in the stock three years ago.
T Rowe Price Group TROW News Analytics from Wed, 27 Dec 2023 08:00:00 GMT to Sun, 28 Jul 2024 14:51:30 GMT - Rating -3 - Innovation 0 - Information 5 - Rumor -5
