Breaking Finance News

Blackrock Inc. (NYSE:BLK) price target upped to $52.00, released a report earlier today by UBS Securities

Stating a potential downside of -0.89%, UBS Securities upped the price target of Blackrock Inc. (NYSE:BLK) to $52.00

On 9/8/2017, Barclays Capital released a statement on Blackrock Inc. (NYSE:BLK) upped the target price from $0.00 to $475.00 that suggested an upside of 0.14%.

Having a price of $478.44, Blackrock Inc. (NYSE:BLK) traded 1.28% higher on the day. With the last close up 15.82% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Blackrock Inc. has recorded a 50-day average of $433.75 and a two hundred day average of $414.44. Trade Volume was up over the average, with 1,028,529 shares of BLK changing hands over the typical 498,720

See Chart Below

Blackrock Inc. (NYSE:BLK)

Blackrock Inc. has a 52 week low of $336.84 and a 52 week high of $485.23 with a P/E ratio of 23.04 The company’s market cap is currently $0.

In addition to UBS Securities reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $384.88 with 3 firms rating the stock a strong buy, 11 firms rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Blackrock Inc. (NYSE:BLK)

BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.