UBS disclosed BlackRock (NYSE:BLK), stepping up its target to $430.00 earlier today
- Updated: October 19, 2016
UBS bumped up the target of BlackRock (NYSE:BLK) to $430.00 stating a potential upside of 0.21%.
On 09/19/2016, Zacks Investment Research released a statement for BlackRock (NYSE:BLK) bumped up the target price from $0.00 to $410.00 that suggested an upside of 0.12%.
Boasting a price of $356.59, BlackRock (NYSE:BLK) traded 0.05% higher on the day. With the last stock price close down -0.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. BlackRock has recorded a 50-day average of $363.11 and a two hundred day average of $357.55. Volume of trade was down over the average, with 124,849 shares of BLK changing hands under the typical 534,843
With a total market value of $0, BlackRock has price-earnings ratio of 19.01 with a one year low of $280.55 and a one year high of $376.65 .
A total of 16 equity analysts have released a ratings update on BLK. Three equity analysts rating the company a strong buy, eleven equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $384.88.
Brief Synopsis About BlackRock (NYSE:BLK)
BlackRock, Inc. is an investment management company. The Company provides a range of investment and risk management services to institutional and retail clients across the world. Its offerings include single and multi-asset class 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. The Company offers its BlackRock Solutions (BRS) investment and risk management technology platform, Aladdin; risk analytics, and advisory services and solutions to institutional investors. BRS also offers risk reporting capabilities via the Green Package and risk management advisory services; interactive fixed income analytics through its Web-based calculator, AnSer; outsourcing services, and investment accounting.
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