Analyst Ratings for BlackRock Inc. (BLK)

Updated: 2017-07-28

Analysts covering BlackRock Inc. (NYSE:BLK) have given it a consensus rating of Overweight. About 30 days ago, BLK was issued an average rating of Overweight.

Of the 16 analysts covering the stock, 10 gave it a buy rating, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for BLK. The most optimistic price target was 551, implying potential capital gains of 29.49 percent. The most pessimistic analyst gave a price target of 425, implying potential capital losses of -0.12 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.57 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.94 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.74 percent. If we look at the last 90 days instead, we find a net average change of 1.01 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

BLK has an estimated earnings growth rate of 3.76 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BLK is 5.43.

BLK has a 52-week high of 442.84 and a 52-week low of 336.84. Today's price is 26.32 percent above the 52-week low, and below the high by 3.91 percent. BLK has a price/earnings ratio of 20.42. Investors typically compare the P/E ratio to a company's peers in the industry. The BLK value stock report compares BLK to some of its peers using value stock charts. The stock has a market capitalization of $70.19 billion. BLK's next earnings release will be on 0000-00-00, which is days away.