Do Wall Street Analysts Like T. Rowe Price Stock?

T. Rowe Price Group, Inc. (NASDAQ:TROW) has been the subject of recent analyst ratings updates by several investment research firms. Zacks Investment Research upgraded T. Rowe Price Group from a "hold" rating to a "buy" rating in a research note issued on Tuesday, January 16th. Zacks Investment Research also assigned a "buy" rating to the stock in a research note on Tuesday, January 16th. Finally, BidaskClub upgraded T. Rowe Price Group from a "sell" rating to a "hold" rating in a research note on Wednesday, December 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of "hold" and a consensus price target of $46.00. T. Rowe Price Group has a 52-week low of $37.57 and a 52-week high of $47.76 and a beta of 1.14. The company has a market capitalization of $7.54 billion and a P/E ratio of 13.48. The company's revenue was up 3.1% on a year-over-year basis in the fourth quarter. Analysts expect that T. Rowe Price Group, Inc. will post 3.3 earnings per share for the current fiscal year.