On July 2, 2025, Morgan Stanley analyst Michael Cyprys issued an update on T. Rowe Price Group (TROW, Financial), a leading asset management firm. Morgan Stanley has decided to maintain its current rating of 'Equal-Weight' for TROW. The rating has not changed from its previous position.
However, the price target has been adjusted. The updated price target for TROW is now $104.00 USD, which reflects a 9.47% increase from the previous target of $95.00 USD. This adjustment indicates a positive outlook on the stock's future performance, though the rating remains steady at 'Equal-Weight'.
Investors are likely watching these changes closely, as they suggest a potentially optimistic forecast for T. Rowe Price Group (TROW, Financial) within the financial markets. The raised price target by such a reputable institution as Morgan Stanley may draw attention from both existing and prospective shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for T. Rowe Price Group Inc (TROW, Financial) is $93.83 with a high estimate of $104.00 and a low estimate of $82.00. The average target implies an downside of 5.63% from the current price of $99.43. More detailed estimate data can be found on the T. Rowe Price Group Inc (TROW) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, T. Rowe Price Group Inc's (TROW, Financial) average brokerage recommendation is currently 3.3, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for T. Rowe Price Group Inc (TROW, Financial) in one year is $120.28, suggesting a upside of 20.97% from the current price of $99.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the T. Rowe Price Group Inc (TROW) Summary page.