Black Knight Financial Services Inc (BKFS) is Upgraded by Keefe Bruyette to Outperform, Raises Price Target to $ 46

Black Knight Financial Services Inc (BKFS) was Upgraded by Keefe Bruyette to ” Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 46 from a previous price target of $38 . Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Sep 19, 2016.

Many Wall Street Analysts have commented on Black Knight Financial Services Inc. Company shares were Upgraded by Keefe Bruyette on Sep 19, 2016 to ” Outperform”, Firm has raised the Price Target to $ 46 from a previous price target of $38 .Company shares were Reiterated by Mizuho on Jul 21, 2016 to “Neutral”, Firm has raised the Price Target to $ 36 from a previous price target of $29 .Monness Crespi & Hardt Downgraded Black Knight Financial Services Inc on Jul 21, 2016 to ” Sell”, Price Target of the shares are set at $32.

On the company’s financial health, Black Knight Financial Services Inc reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.28. The company had revenue of $255.50 million for the quarter, compared to analysts expectations of $252.20 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Black Knight Financial Services Inc closed down -0.16 points or -0.40% at $39.71 with 234,560 shares getting traded on Friday. Post opening the session at $39.68, the shares hit an intraday low of $39.46 and an intraday high of $40.02 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jun 30, 2016, David K Hunt (director) sold 10,627 shares at $36.50 per share price. According to the SEC, on Jun 24, 2016, Anthony Orefice (Chief Operating Officer) sold 42,125 shares at $35.00 per share price. On Jun 24, 2016, William P Ii Foley (Chairman) sold 46,659 shares at $34.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Black Knight Financial Services Inc. is a holding company. The Company through its subsidiaries provides integrated technology workflow automation and data and analytics to the mortgage industry. The Company operates through two segments: Technology and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing which includes the core mortgage servicing specialty mortgage servicing including loss mitigation and default workflow management loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage real estate and capital markets industries. These solutions include property ownership data lien data servicing data automated valuation models collateral risk scores prepayment and default models lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ LLC and Black Knight Financial Services LLC.

Black Knight Financial Services Inc

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