Bank of America Corp. downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) to Neutral in a report released today.
- Updated: October 7, 2016
Yesterday Blackhawk Network Holdings Inc (NASDAQ:HAWK) traded 2.09% higher at $31.15. The company’s 50-day moving average is $31.85 and its 200-day moving average is $33.18. The last stock close price is down -4.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,542,205 shares of the stock were exchanged, up from an average trading volume of 878,097
Bank of America Corp. has downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) to Neutral in a report released on 10/7/2016.
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Blackhawk Network Holdings Inc has a 52 week low of $28.88 and a 52 week high of $48.40 with a P/E ratio of 78.71 The company’s market cap is currently $0.
In addition to Bank of America Corp. reporting its target price, a total of 10 firms have issued a report on the stock. The consensus target price is $40.50 with 5 firms rating the stock a strong buy, 4 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Blackhawk Network Holdings Inc (NASDAQ:HAWK)
Blackhawk Network Holdings, Inc. is a prepaid payment network. The Company offers a range of prepaid gift, telecom and debit cards, in physical and electronic forms, as well as related prepaid products and payment services. The Company's segments are US Retail, International Retail and Incentives & Rewards. The US Retail segment consists of the various operating segments of the United States retail products, third-party online distribution channel and secondary card market and is engaged in sales of prepaid products to consumers through these channels. The International Retail segment consists of the various operating segments of its geographic regions and is engaged in sales of prepaid products to consumers at its international retail distribution partners. The Incentives & Rewards segment consists of the various operating segments, which offer prepaid cards, other products and related services to business clients for their consumer incentive and employee reward programs.
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