BlackRock (BLK) : The consensus on BlackRock (BLK) based on 13 analyst recommendation on the company stock is 1.73, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
BlackRock (BLK) : The highest short term price target forecast on BlackRock (BLK) is $402 and the lowest target price is $353. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $379.64 with a standard deviation of $15.77.
For the current week, the company shares have a recommendation consensus of Buy.
BlackRock (NYSE:BLK): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $367.08 and $366.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $369.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $368.16, notching a gain of 0.29% for the day. The total traded volume was 821,821 . The stock had closed at $367.08 on the previous day.
BlackRock, Inc. is an investment management firm. The Company provides investment and risk management services to institutional and retail clients across the world. Its product offerings include single- and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Products are offered directly and through intermediaries in a variety 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 also offers its BlackRock Solutions investment and risk management technology platform, Aladdin, risk analytics and advisory services and solutions. It has $4.65 trillion of assets under management at December 31, 2014.