Black Knight’s (BKI) “Outperform” Rating Reaffirmed at William Blair

Black Knight (NYSE:BKI)‘s stock had its “outperform” rating reiterated by analysts at William Blair in a note issued to investors on Wednesday.

Several other equities analysts also recently commented on the company. Bank of America decreased their target price on Black Knight from $57.00 to $54.00 and set a “buy” rating on the stock in a research report on Thursday. Barclays decreased their target price on Black Knight from $54.00 to $53.00 and set an “overweight” rating on the stock in a research report on Thursday. Zacks Investment Research downgraded Black Knight from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Wedbush reaffirmed a “neutral” rating and issued a $50.00 target price on shares of Black Knight in a research report on Wednesday, January 31st. Finally, Oppenheimer raised Black Knight from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 4th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Black Knight presently has an average rating of “Buy” and a consensus target price of $50.78.

Black Knight (BKI) opened at $46.10 on Wednesday. Black Knight has a 12-month low of $37.10 and a 12-month high of $53.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market capitalization of $7,450.92, a P/E ratio of 31.79, a PEG ratio of 2.40 and a beta of 0.83.

Several hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. bought a new stake in shares of Black Knight in the fourth quarter valued at approximately $303,601,000. Confluence Investment Management LLC boosted its stake in shares of Black Knight by 142.7% in the fourth quarter. Confluence Investment Management LLC now owns 2,053,282 shares of the company’s stock valued at $90,652,000 after buying an additional 1,207,427 shares during the period. Wells Fargo & Company MN bought a new stake in shares of Black Knight in the fourth quarter valued at approximately $83,681,000. Schwab Charles Investment Management Inc. bought a new stake in shares of Black Knight in the fourth quarter valued at approximately $21,459,000. Finally, Fenimore Asset Management Inc. bought a new stake in shares of Black Knight in the fourth quarter valued at approximately $19,881,000. Institutional investors and hedge funds own 28.29% of the company’s stock.

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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.

Analyst Recommendations for Black Knight (NYSE:BKI)

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