|Bid||67.30 x 100|
|Ask||70.05 x 100|
|Day's Range||69.32 - 70.13|
|52 Week Range||62.97 - 78.95|
|PE Ratio (TTM)||13.65|
|Dividend & Yield||2.28 (3.27%)|
|1y Target Est||N/A|
T. Rowe Price (TROW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of T. Rowe Price Group Inc. declined more than 4.5 percent in afternoon trading Wednesday after UBS Securities slashed its price target and recommended selling the money manager's stock. Amid concerns about the impact of the U.S. Department of Labor's fiduciary rule, analyst Brennan Hawken reduced his price target for Baltimore-based T. Rowe Price by almost 21 percent from $77 per share to $61. T. Rowe Price shares were down 4.29 percent to $68.01 in trading Wednesday.
The U.S. Department of Labor's new fiduciary rule partially kicks in on June 9 (fully implemented on January 1, 2018) and will impact financial professionals who advise retirement investors. According ...