BlackRock Inc has a consensus price target of $841.81 based on the ratings of 21 analysts. The high is $1075 issued by Jefferies on August 31, 2021. The low is $540 issued by Credit Suisse on October 19, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, Citigroup, and Deutsche Bank on August 15, 2024, July 16, 2024, and July 16, 2024, respectively. With an average price target of $926.33 between Deutsche Bank, Citigroup, and Deutsche Bank, there's an implied 4.93% upside for BlackRock Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BlackRock (NYSE:BLK) was reported by Deutsche Bank on August 15, 2024. The analyst firm set a price target for $937.00 expecting BLK to rise to within 12 months (a possible 6.13% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for BlackRock (NYSE:BLK) was provided by Deutsche Bank, and BlackRock maintained their buy rating.
The last upgrade for BlackRock Inc happened on January 16, 2024 when TD Cowen raised their price target to $938. TD Cowen previously had a market perform for BlackRock Inc.
The last downgrade for BlackRock Inc happened on December 15, 2023 when JP Morgan changed their price target from $708 to $708 for BlackRock Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BlackRock, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BlackRock was filed on August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.
While ratings are subjective and will change, the latest BlackRock (BLK) rating was a maintained with a price target of $912.00 to $937.00. The current price BlackRock (BLK) is trading at is $882.84, which is out of the analyst’s predicted range.
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