Argus Research Reaffirms Their Buy Rating on BlackRock (BLK)
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Biggar covers the Financial sector, focusing on stocks such as Truist Financial, Charles Schwab, and Apollo Global Management. According to TipRanks, Biggar has an average return of 13.7% and a 63.20% success rate on recommended stocks.
BlackRock has an analyst consensus of Strong Buy, with a price target consensus of $1,056.25, implying an 8.98% upside from current levels. In a report released on June 16, Bank of America Securities also assigned a Buy rating to the stock with a $1,078.00 price target.
BLK market cap is currently $152.2B and has a P/E ratio of 23.86.
Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLK in relation to earlier this year. Last month, Laurence Fink, the Chairman & CEO of BLK sold 16,485.00 shares for a total of $15,119,577.04.
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