BlackRock: Jefferies still a buyer

(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed a "buy" rating on the BlackRock stock, confirming a target price of 545 dollars.


"BLK is our top idea heading into the Q. We decrease our 3Q EPS est. by 17c to $7.01, which is still slightly above the Street," the broker said.

Jefferies' target price represents upside of 32% relative to the share's current price of 413 dollars.


Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.