Blackmores Limited Stock Rating Lowered by Morningstar (BKL)
Blackmores Limited (ASX:BKL) was downgraded by analysts at Morningstar to a “hold” rating in a research report issued to clients and investors on Friday, Stock Ratings News reports. They currently have a $20.51 price target on the stock.
Shares of Blackmores Limited (ASX:BKL) traded down 0.05% during mid-day trading on Friday, hitting A$21.000. 9,171 shares of the company’s stock traded hands. Blackmores Limited has a 52 week low of A$19.850 and a 52 week high of A$36.100. The stock’s 50-day moving average is A$20.74 and its 200-day moving average is A$24.86. The company has a market cap of A$352.4 million and a P/E ratio of 15.80.
Blackmores Limited (ASX:BKL) is engaged in the principal activities of development, sales and marketing of health products for humans and animals including vitamins, herbal and mineral nutritional supplements.
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