Shares of Black Knight Inc (NYSE:BKI) have earned an average rating of “Buy” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $49.00.
A number of equities analysts have issued reports on BKI shares. Zacks Investment Research downgraded Black Knight from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. Bank of America started coverage on Black Knight in a research note on Thursday, October 5th. They set a “buy” rating and a $47.00 price target for the company. Barclays lifted their price target on Black Knight from $43.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. JPMorgan Chase & Co. started coverage on Black Knight in a research note on Friday, October 6th. They set an “overweight” rating and a $49.00 price target for the company. Finally, Goldman Sachs Group reiterated a “neutral” rating and set a $44.00 price target (up previously from $42.00) on shares of Black Knight in a research note on Wednesday, October 4th.
Several hedge funds and other institutional investors have recently made changes to their positions in BKI. Wellington Shields Capital Management LLC purchased a new position in shares of Black Knight in the 3rd quarter worth approximately $202,000. Venturi Wealth Management LLC purchased a new position in shares of Black Knight in the 3rd quarter worth approximately $1,572,000. Finally, Elk Creek Partners LLC purchased a new position in shares of Black Knight in the 3rd quarter worth approximately $4,080,000. Hedge funds and other institutional investors own 26.29% of the company’s stock.
Black Knight (BKI) traded down $0.15 during mid-day trading on Tuesday, reaching $46.80. The company’s stock had a trading volume of 489,975 shares, compared to its average volume of 843,125. The firm has a market cap of $7,180.00 and a P/E ratio of 48.75. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.88 and a quick ratio of 1.88. Black Knight has a fifty-two week low of $34.00 and a fifty-two week high of $47.55.
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About Black Knight
Black Knight, Inc provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.
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