Barclays Reaffirms Their Sell Rating on T Rowe Price (TROW)
In a report released on May 2, Benjamin Budish from Barclays maintained a Sell rating on T Rowe Price (TROW – Research Report), with a price target of $90.00. The company's shares closed last Friday at $91.65.
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According to TipRanks, Budish is a 5-star analyst with an average return of 11.7% and a 66.55% success rate. Budish covers the Financial sector, focusing on stocks such as Interactive Brokers, Charles Schwab, and AllianceBernstein.
Currently, the analyst consensus on T Rowe Price is a Moderate Sell with an average price target of $93.45.
The company has a one-year high of $125.81 and a one-year low of $77.85. Currently, T Rowe Price has an average volume of 2.23M.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TROW in relation to earlier this year. Last month, Robert Maclellan, a Director at TROW sold 3,955.00 shares for a total of $362,119.80.
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