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Research analysts at Jefferies Group hoisted their price target on shares of Blackhawk Network Holdings (NASDAQ:HAWK) from $27.00 to $32.00 in a report released on Monday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 13.96% from the stock’s previous close.

HAWK has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. initiated coverage on shares of Blackhawk Network Holdings in a research note on Friday. They set a “buy” rating on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Blackhawk Network Holdings in a research note on Thursday. They now have a $34.00 price target on the stock, up previously from $28.00. Finally, analysts at BMO Capital Markets initiated coverage on shares of Blackhawk Network Holdings in a research note on Wednesday, July 16th. They set a “market perform” rating and a $31.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $27.94.

Blackhawk Network Holdings (NASDAQ:HAWK) traded down 0.46% during mid-day trading on Monday, hitting $28.08. 208,705 shares of the company’s stock traded hands. Blackhawk Network Holdings has a 1-year low of $20.25 and a 1-year high of $29.73. The stock’s 50-day moving average is $26.48 and its 200-day moving average is $25.72. The company has a market cap of $1.469 billion and a price-to-earnings ratio of 28.44.

Blackhawk Network Holdings (NASDAQ:HAWK) last released its earnings data on Wednesday, July 16th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.11. The company had revenue of $283.90 million for the quarter, compared to the consensus estimate of $281.53 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. On average, analysts predict that Blackhawk Network Holdings will post $1.24 earnings per share for the current fiscal year.

Blackhawk Network Holdings, Inc is a prepaid payment network utilizing technology to offer a range of gift cards, other prepaid products and payment services in the United States and 18 other countries.

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