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 maximum price target given was 551, implying potential capital gains of 29.49 percent. The lowest price target was 425, implying potential capital losses of -0.12 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.57 percent. That number becomes 1.94 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.74 percent, as compared to a month ago. 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. Over the past month, 3 analysts increased their quarterly estimates, while 4 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 4 analysts that revised their FY estimates downwards.

The growth rate of BLK's earnings is estimated by analysts to be 3.76 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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 traded between a high of 442.84 and a low of 336.84 over the past year. Currently the stock is 26.32 percent higher than its low, and 3.91 percent below the high. BLK has a P/E 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.