T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.

Money manager


T. Rowe Price Group


has fallen way out of favor on Wall Street. There are 15 analysts covering the stock, according to FactSet. None say to buy. More say to sell than hold. That’s approaching


GameStop


-level rejection.

I ran a screen of U.S. companies of all sizes that are covered by at least 15 analysts. Only


Bed Bath & Beyond


(ticker: BBBY) scores worse on average ratings. It sells housewares to people who are presumably put off by


Amazon.com


(AMZN) convenience and


Target


(TGT) lack of shoebox-size coupons. Same-store sales plummeted 26% last quarter.