Black Knight (NYSE:BKI) had its price objective decreased by analysts at Bank of America from $57.00 to $54.00 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Bank of America’s target price would suggest a potential upside of 15.88% from the company’s previous close.

A number of other research firms also recently weighed in on BKI. Zacks Investment Research upgraded Black Knight from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a report on Thursday, January 4th. Compass Point started coverage on Black Knight in a report on Wednesday, January 3rd. They set a “buy” rating and a $52.00 target price on the stock. Barclays upped their target price on Black Knight from $43.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Deutsche Bank upgraded Black Knight from a “hold” rating to a “buy” rating and upped their target price for the stock from $42.00 to $52.00 in a report on Tuesday, January 2nd. Finally, Knight Equity raised Black Knight from a “market perform” rating to a “buy” rating and boosted their price target for the stock from $42.00 to $52.00 in a research report on Tuesday, January 2nd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Black Knight has an average rating of “Buy” and a consensus price target of $50.78.

Black Knight (NYSE:BKI) traded down $1.95 during mid-day trading on Thursday, hitting $46.60. The company’s stock had a trading volume of 2,071,476 shares, compared to its average volume of 758,722. Black Knight has a 1 year low of $37.10 and a 1 year high of $53.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market cap of $7,420.23, a P/E ratio of 71.77, a price-to-earnings-growth ratio of 2.34 and a beta of 0.83.

Several institutional investors and hedge funds have recently modified their holdings of BKI. Victory Capital Management Inc. bought a new stake in shares of Black Knight in the 4th quarter worth approximately $303,601,000. Confluence Investment Management LLC lifted its position in Black Knight by 142.7% in the 4th quarter. Confluence Investment Management LLC now owns 2,053,282 shares of the company’s stock valued at $90,652,000 after acquiring an additional 1,207,427 shares in the last quarter. Schwab Charles Investment Management Inc. bought a new position in Black Knight in the 4th quarter valued at approximately $21,459,000. Fenimore Asset Management Inc. bought a new position in Black Knight in the 4th quarter valued at approximately $19,881,000. Finally, Crescent Grove Advisors LLC bought a new position in Black Knight in the 4th quarter valued at approximately $18,188,000. 28.29% of the stock is currently owned by hedge funds and other institutional investors.

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Black Knight Company Profile

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.

Analyst Recommendations for Black Knight (NYSE:BKI)

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