Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Analysts See T. Rowe Stock Heading North Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 21, 2008

Analysts See T. Rowe Stock Heading North

by: Armie Margaret Lee

T. Rowe Price's stock is faring better than its other publicly traded peers, and some analysts and money managers see the Baltimore fund firm's stock going up by at least 10 percent above recent levels, reports Barron's Lawrence Strauss. The stock was trading in the neighborhood of $54 last week.

Strauss notes that most publicly traded asset management firms have seen their stock drop by more than 20 percent this year; in T. Rowe's case, the stock is down just 10 percent.

Strauss pointed out that T. Rowe, which has $380 billion in AUM, has no debt and has strong fund performance. In addition, it has one of the industry's best operating margins, as well as an increasing presence in the 401(k) and overseas markets. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use