Brokerage Firm Rating Update on Blackhawk Network Holdings (HAWK)

Blackhawk Network Holdings (HAWK) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

Blackhawk Network Holdings (HAWK) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $58 and the lowest price target forecast is $30. The average forecast of all the analysts is $41.43 and the expected standard deviation is $8.81.


For the current week, the company shares have a recommendation consensus of Buy.

Blackhawk Network Holdings (NASDAQ:HAWK): The stock opened at $32.9 and touched an intraday high of $33.43 on Wednesday. During the day, the stock corrected to an intraday low of $32.85, however, the bulls stepped in and pushed the price higher to close in the green at $33.02 with a gain of 0.36% for the day. The total traded volume for the day was 429,798. The stock had closed at $32.9 in the previous trading session.

Blackhawk Network Holdings, Inc. (Blackhawk) is a prepaid payment network. The Company offers a range of prepaid gift, telecom and debit cards, in physical and electronic forms, and related prepaid products and payment services in the United States and 21 other countries. It operates in two segments: US Retail and Incentives & Rewards, and International Retail. US Retail and Incentives & Rewards segment consists of the various operating segments of its United States retail products, online channel, secondary card market and incentive and reward solutions and derives revenues from sales of prepaid products to consumers at its United States retail distribution partners, online and through its card exchange and prepaid products to consumers through business clients. Its International Retail segment consists of the various operating segments of its geographic regions and derives revenues from sales of prepaid products to consumers at its international retail distribution partners.

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