Investment analysts at Compass Point began coverage on shares of Black Knight (NYSE:BKI) in a note issued to investors on Wednesday, January 3rd, Marketbeat.com reports. The firm set a “buy” rating and a $52.00 price target on the stock. Compass Point’s target price would suggest a potential upside of 3.07% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Goldman Sachs Group reissued a “neutral” rating and set a $44.00 target price (up previously from $42.00) on shares of Black Knight in a research note on Wednesday, October 4th. Zacks Investment Research lowered Black Knight from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. JPMorgan Chase & Co. began coverage on Black Knight in a research report on Friday, October 6th. They issued an “overweight” rating and a $49.00 price target on the stock. Bank of America began coverage on Black Knight in a research report on Thursday, October 5th. They issued a “buy” rating and a $47.00 price target on the stock. Finally, Knight Equity raised Black Knight from a “market perform” rating to a “buy” rating and increased their price target for the company from $42.00 to $52.00 in a research report on Tuesday, January 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $49.00.

Black Knight (NYSE BKI) opened at $50.45 on Wednesday. The firm has a market capitalization of $7,911.33, a price-to-earnings ratio of 41.57, a PEG ratio of 2.49 and a beta of 0.72. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.90. Black Knight has a twelve month low of $35.50 and a twelve month high of $53.00.

Black Knight (NYSE:BKI) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $264.80 million during the quarter, compared to analysts’ expectations of $278.02 million. Black Knight had a return on equity of 9.10% and a net margin of 4.31%. research analysts predict that Black Knight will post 1.3 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Black Knight in the 4th quarter valued at about $102,000. Duncker Streett & Co. Inc. purchased a new position in shares of Black Knight in the 4th quarter valued at about $111,000. Hirtle Callaghan & Co LLC purchased a new position in shares of Black Knight in the 4th quarter valued at about $115,000. First Bank & Trust purchased a new position in shares of Black Knight in the 4th quarter valued at about $130,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Black Knight in the 4th quarter valued at about $197,000. Institutional investors and hedge funds own 28.13% of the company’s stock.

WARNING: “Black Knight (BKI) Earns Buy Rating from Analysts at Compass Point” was originally reported by Marea Informative and is owned by of Marea Informative. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.mareainformativa.com/black-knight-bki-now-covered-by-compass-point-updated-updated-updated/126217/.

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)

Receive News & Ratings for Black Knight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Knight and related companies with MarketBeat.com's FREE daily email newsletter.