BlackRock (BLK) Set to Announce Earnings on Thursday
BlackRock (NYSE:BLK) will be posting its quarterly earnings results on Thursday, January 16th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of BlackRock (NYSE:BLK) opened at 310.52 on Wednesday. BlackRock has a 1-year low of $221.39 and a 1-year high of $323.00. The stock’s 50-day moving average is $307.7 and its 200-day moving average is $286.9. The company has a market cap of $52.606 billion and a P/E ratio of 19.21.
A number of analysts have recently weighed in on BLK shares. Analysts at Goldman Sachs Group Inc. downgraded shares of BlackRock from a “buy” rating to a “neutral” rating in a research note to investors on Friday, January 10th. They noted that the move was a valuation call. On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of BlackRock from $310.00 to $342.00 in a research note to investors on Friday, January 10th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of BlackRock in a research note to investors on Tuesday, November 19th. They now have a $319.00 price target on the stock. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $291.92.
BlackRock, Inc (NYSE:BLK) is an investment management firm.
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