A statement released earlier today by Raymond James Financial about Blackbaud Inc (NDAQ:BLKB) bumps the target price to $90.00
- Updated: April 20, 2017
Stating a potential upside of 0.15%, Raymond James Financial upped the price target of Blackbaud Inc (NDAQ:BLKB) to $90.00
On 02/28/2017, Robert W. Baird released a statement on Blackbaud Inc (NDAQ:BLKB) upped the target price from $0.00 to $75.00 that suggested an upside of 0.04%.
Having a price of $78.46, Blackbaud Inc (NDAQ:BLKB) traded 0.59% higher on the day. With the last close up 15.46% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Blackbaud Inc has recorded a 50-day average of $75.90 and a two hundred day average of $68.27. Volume of trade was down over the average, with 230,829 shares of BLKB changing hands under the typical 328,681
With a total market value of $0, Blackbaud Inc has 52 week low of $55.88 and a 52 week high of $79.23 with a P/E ratio of 89.57 .
In addition to Raymond James Financial reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is $72.13 with 2 firms rating the stock a strong buy, 4 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Blackbaud Inc (NDAQ:BLKB)
Blackbaud, Inc. is a cloud software company. The Company offers a range of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Its segments include the General Markets Business Unit (the GMBU), the Enterprise Customer Business Unit (the ECBU) and the International Business Unit (the IBU). The GMBU is focused on marketing, sales, delivery and support to all emerging and mid-sized prospects and customers in North America. The ECBU is focused on marketing, sales, delivery and support to all large and/or strategic prospects and customers in North America. The IBU is focused on marketing, sales, delivery and support to all prospects and customers outside of North America. It operates in four geographic regions: the United States, Canada, Europe and Australia. Its portfolio of software and services supports nonprofit fundraising and relationship management, digital marketing, advocacy, accounting, payments and analytics.
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