BlackRock
BLK
Real-time BATS EXCHANGE - 07/17 10:00:00 pm
504.895USD
+0.18%

There is still some upside potential

Envoyer par e-mail
Anas Lozach
Analyst

Strategy published on : 01/12/2018 | 13:50

long trade
Target price hit

Entry price : 552.7$
Target : 567$
Stop-loss : 523.5$
Potential : 2.59%

Shares in BlackRock do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 567.

Strengths

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

● Historically, the company has been releasing figures that are above expectations.

● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The stock is in a well-established, long-term rising trend above the technical support level at 438.34 USD

Zonebourse.com 2018
Envoyer par e-mail