BlackRock (BLK) : During the past 4 weeks, traders have been relatively bearish on BlackRock (BLK), hence the stock is down -2.52% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.04% relative to the S&P 500. The 4-week change in the price of the stock is -3.05% and the stock has fallen -0.87% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.13% and the 50-Day Moving Average is 1.06%.The 200 Day SMA reached 6.54%
BlackRock (NYSE:BLK): After opening at $359.95, the stock dipped to an intraday low of $357.995 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $363.88 and the buying power remained strong till the end. The stock closed at $362.46 for the day, a gain of 1.46% for the day session. The total traded volume was 580,414. The stocks close on the previous trading day was $362.46.
BlackRock (BLK) : The consensus price target for BlackRock (BLK) is $385.67 for the short term with a standard deviation of $15.91. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $412, however, the pessimist price target for the company is $357.
BlackRock, Inc. is an investment management firm. The Company provides investment and risk management services to institutional and retail clients across the world. Its product offerings include single- and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Products are offered directly and through intermediaries in a variety of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. The Company also offers its BlackRock Solutions investment and risk management technology platform, Aladdin, risk analytics and advisory services and solutions. It has $4.65 trillion of assets under management at December 31, 2014.