Zacks Investment Research announced BlackRock, Inc. (NYSE:BLK), boosting its stock price target to $410.00 today
- Updated: September 19, 2016
Showing a price of $365.97, BlackRock, Inc. (NYSE:BLK) traded 1.15% higher on the day. With the last stock price close up 4.92% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. The company has been tracking to a 50-day moving average of $369.17 and 200-day moving average of $352.83. 188,983 shares of the stock exchanged hands, down from ann average trading volume of 561,403
Zacks Investment Research upped the target stock price of BlackRock, Inc. (NYSE:BLK) to $410, reporting a possible upside of 0.12%,
On 9/09/2016, Deutsche Bank released a statement for BlackRock, Inc.(NYSE:BLK) raised the target price from $404.00 to $414.00 that suggested an upside of 0.12%.
Recent Performance Graphic:
Also covering BlackRock, Inc.’s price target, a total of 16 equity analysts have issued a report on the stock. The average target price is $384.88 with three analysts rating the company a strong buy, 11 firms rating the stock a buy, six analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.
BlackRock, Inc. has a one-year low of $280.55 and a 52 week high of $376.65 with a P/E ratio of 20 and has a total market value of $0.0.
More About BlackRock, Inc. (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 and investment accounting.
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