Blackhawk Network (HAWK) Upgraded to “Hold” at BidaskClub
BidaskClub upgraded shares of Blackhawk Network (NASDAQ:HAWK) from a sell rating to a hold rating in a report released on Thursday morning.
Several other research analysts also recently commented on the company. SunTrust Banks downgraded Blackhawk Network from a buy rating to a hold rating in a research note on Wednesday, January 31st. Jefferies Group downgraded Blackhawk Network from a buy rating to a hold rating in a research note on Monday, January 29th. First Analysis downgraded Blackhawk Network from an overweight rating to an equal weight rating in a research note on Tuesday, January 23rd. BMO Capital Markets cut Blackhawk Network from an outperform rating to a market perform rating and cut their price target for the company from $51.00 to $45.00 in a report on Monday, January 22nd. Finally, Citigroup cut Blackhawk Network from a buy rating to a hold rating and set a $45.25 price target for the company. in a report on Monday, January 22nd. Thirteen investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $47.27.
Blackhawk Network (NASDAQ HAWK) traded down $0.05 during midday trading on Thursday, hitting $44.80. The stock had a trading volume of 958,259 shares, compared to its average volume of 3,553,305. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.86 and a quick ratio of 0.86. Blackhawk Network has a 1 year low of $32.60 and a 1 year high of $47.00. The company has a market capitalization of $2,556.58, a P/E ratio of -746.54, a P/E/G ratio of 5.41 and a beta of 0.73.
TRADEMARK VIOLATION WARNING: “Blackhawk Network (HAWK) Upgraded to “Hold” at BidaskClub” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.dailypolitical.com/2018/02/09/blackhawk-network-hawk-upgraded-to-hold-at-bidaskclub.html.
Blackhawk Network Company Profile
Blackhawk Network Holdings, Inc is a prepaid payment network. The Company operates through three segments: U.S. Retail, International, and Incentives & Rewards. The U.S. Retail segment is engaged in the sale of prepaid products to consumers at its retail distribution partners and online and the sale of telecom handsets to retail distribution partners for resale to consumers.
Receive News & Ratings for Blackhawk Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackhawk Network and related companies with MarketBeat.com's FREE daily email newsletter.