Blackmores Limited Downgraded by Morningstar to Hold (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 Sunday, StockRatingsNetwork.com reports. They currently have a $20.51 price objective on the stock.
Shares of Blackmores Limited (ASX:BKL) opened at 23.030 on Friday. Blackmores Limited has a one year low of A$19.850 and a one year high of A$36.100. The stock’s 50-day moving average is A$20.88 and its 200-day moving average is A$24.68. The company has a market cap of A$386.5 million and a P/E ratio of 17.35.
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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