BlackRock, Inc. ($BLK) Cautious Buy or Hold to $300 Confident Investor Rating: Fair
|Company name||BlackRock, Inc.|
|Live stock price||[stckqut]BLK[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$300.71|
|Target stock price (averages with growth)||$284.15|
|Target stock price (averages with no growth)||$164.3|
|Target stock price (manual assumptions)||$309.88|
The following company description is from Google Finance: http://www.google.com/finance?q=blk
BlackRock, Inc. is an investment management company. The Company provides a range of investment and risk management services to institutional and retail clients across the world. Its offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range 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 offers its BlackRock Solutions (BRS) investment and risk management technology platform, Aladdin; risk analytics, and advisory services and solutions to institutional investors. BRS also offers risk reporting capabilities via the Green Package and risk management advisory services; interactive fixed income analytics through its Web-based calculator, AnSer; outsourcing services, and investment accounting.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in BlackRock, Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I will be removing BlackRock from my Watch List as it’s performance no longer fits my goals.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of BlackRock, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $341.88
- Growth: 0.08
- Current EPS (TTM): $18.87
- P/E: 18
- Future EPS Calc: $27.72
- Future Stock Price Calc: $499.07
- Target stock price: $309.88
I hope that this makes you a Confident Investor.