Black Knight (NYSE:BKI) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The firm currently has a $51.00 price objective on the stock. Zacks Investment Research‘s target price indicates a potential upside of 8.63% from the company’s current price.

According to Zacks, “Black Knight, Inc. engages in the provision of integrated technology, workflow automation and data and analytics to the mortgage and real estate industries, through its subsidiaries. It operates through the Technology and Data and Analytics business segments. Technology segment offers software and hosting solutions which support loan servicing, loan origination and settlement services. Data and Analytics segment provides property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, prepayment and default models, lead generation and other data solutions. Black Knight Inc., formerly known as Black Knight Financial Services Inc., is headquartered in Jacksonville, FL. “

Several other analysts have also commented on the company. Bank of America started coverage on Black Knight in a report on Thursday, October 5th. They issued a “buy” rating and a $47.00 price objective for the company. Barclays lifted their price objective on Black Knight from $43.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. JPMorgan Chase & Co. started coverage on Black Knight in a report on Friday, October 6th. They issued an “overweight” rating and a $49.00 price objective for the company. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $44.00 price objective (up previously from $42.00) on shares of Black Knight in a report on Wednesday, October 4th. Finally, Knight Equity raised Black Knight from a “market perform” rating to a “buy” rating and lifted their price objective for the stock from $42.00 to $52.00 in a report on Tuesday. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $49.00.

Shares of Black Knight (NYSE:BKI) traded up $1.15 on Thursday, hitting $46.95. The company had a trading volume of 1,095,434 shares, compared to its average volume of 960,867. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.90. Black Knight has a one year low of $34.00 and a one year high of $47.55. The company has a market capitalization of $7,210.00 and a price-to-earnings ratio of 48.91.

A number of large investors have recently added to or reduced their stakes in the business. Wellington Shields Capital Management LLC bought a new stake in Black Knight during the third quarter valued at about $202,000. Venturi Wealth Management LLC bought a new stake in Black Knight during the third quarter valued at about $1,572,000. Finally, Elk Creek Partners LLC bought a new stake in Black Knight during the third quarter valued at about $4,080,000. 26.29% of the stock is owned by institutional investors and hedge funds.

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About Black Knight

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.

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