Blackmores Limited Receives “Neutral” Rating from UBS AG (BKL)
Blackmores Limited (ASX:BKL)‘s stock had its “neutral” rating reaffirmed by equities researchers at UBS AG in a research report issued on Friday, StockRatingsNetwork reports.
Blackmores Limited (ASX:BKL) traded up 1.53% during mid-day trading on Friday, hitting A$21.830. 4,714 shares of the company’s stock traded hands. Blackmores Limited has a one year low of A$19.850 and a one year high of A$36.100. The stock has a 50-day moving average of A$21.68 and a 200-day moving average of A$24.30. The company has a market cap of A$366.3 million and a P/E ratio of 16.17.
A number of other analysts have also recently weighed in on BKL. Analysts at Morningstar downgraded shares of Blackmores Limited to a “hold” rating in a research note to investors on Sunday, January 12th. They now have a $20.51 price target on the stock.
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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