Black Knight (NYSE:BKI) was upgraded by research analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report issued on Tuesday. The brokerage currently has a $52.00 price objective on the stock, up from their previous price objective of $42.00. Deutsche Bank’s price target would indicate a potential upside of 17.78% from the stock’s current price.
A number of other research firms also recently commented on BKI. JPMorgan Chase & Co. started coverage on shares of Black Knight in a research report on Friday, October 6th. They issued an “overweight” rating and a $49.00 target price on the stock. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $44.00 target price (up from $42.00) on shares of Black Knight in a research report on Wednesday, October 4th. Barclays increased their target price on shares of Black Knight from $43.00 to $45.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Bank of America started coverage on shares of Black Knight in a research report on Thursday, October 5th. They issued a “buy” rating and a $47.00 target price on the stock. Finally, Knight Equity raised shares of Black Knight to a “buy” rating and increased their target price for the company from $42.00 to $52.00 in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $48.17.
Shares of Black Knight (BKI) traded down $0.55 during trading hours on Tuesday, hitting $44.15. 294,200 shares of the company’s stock were exchanged, compared to its average volume of 450,488. Black Knight has a 52 week low of $34.00 and a 52 week high of $47.55. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market cap of $6,970.00 and a P/E ratio of 45.99.
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Black Knight Company Profile
Black Knight, Inc provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.
