Impact of Brokerage Rating on Black Hills Corporation(BKH)

Many Black Hills Corporation(BKH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Black Hills Corp was Initiated by Credit Suisse to Outperform on Jan 25, 2017. Black Hills Corp was Initiated by Singular Research on Dec 14, 2016 to Buy, Price Target of the shares are set at $68.

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Jennifer C Landis (Sr VP Human Resources) purchased 1,200 shares at 60.85 per share price.On Aug 27, 2015, Richard Kinzley (CFO) purchased 1,087 shares at 38.76 per share price.

Black Hills Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.07 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $1.16. The company had revenue of $463.80 million for the quarter, compared to analysts expectations of $357.80 million. The companys revenue was up 45.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Black Hills Corporation (NYSE:BKH) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.

Black Hills Corporation (NYSE:BKH): 4 Analyst have given the stock of Black Hills Corporation (NYSE:BKH) a near short term price target of $65.5. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $4.36. The higher price target estimate is at $68 while the lower price estimates are fixed at $59.

Black Hills Corporation (NYSE:BKH) witnessed a decline in the market cap on Tuesday as its shares dropped 0.7% or 0.43 points. After the session commenced at $61.58, the stock reached the higher end at $61.8099 while it hit a low of $60.86. With the volume soaring to 594,346 shares, the last trade was called at $61.43. The company has a 52-week high of $64.58. The company has a market cap of $3,265 million and there are 53,147,805 shares in outstanding. The 52-week low of the share price is $54.43.

Black Hills Corporation is an energy company that generates wholesale electricity and produces natural gas, crude oil and coal. They serve natural gas and electric utility customers in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.


Share this post

Leave a Reply