Cash Distributions Announcement: BlackRock Canada announced the final cash distributions for the iShares Premium Money Market ETF, with unitholders receiving $0.198 per unit on August 30, 2024, for those recorded by August 27, 2024.
About BlackRock and iShares: BlackRock aims to enhance financial well-being through its investment services, managing over $3.86 trillion in assets across more than 1400 ETFs under the iShares brand, which focuses on meeting evolving investor needs.
BLK
$1068.14+Infinity%1D
Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLK is 1356 USD with a low forecast of 1244 USD and a high forecast of 1486 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast BLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLK is 1356 USD with a low forecast of 1244 USD and a high forecast of 1486 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 1082.160
Low
1244
Averages
1356
High
1486
Current: 1082.160
Low
1244
Averages
1356
High
1486
Keefe Bruyette
Outperform
to
Outperform
downgrade
2025-12-17
New
Reason
Keefe Bruyette
Price Target
2025-12-17
New
downgrade
Outperform
to
Outperform
Reason
Keefe Bruyette lowered the firm's price target on BlackRock to $1,322 from $1,390 and keeps an Outperform rating on the shares. The firm continues to expect a constructive economic environment in 2026, the analyst tells investors in a research note.
Barclays
NULL -> Overweight
maintain
2025-12-12
New
Reason
Barclays
Price Target
2025-12-12
New
maintain
NULL -> Overweight
Reason
Barclays lowered the firm's price target on BlackRock to $1,340 from $1,360 and keeps an Overweight rating on the shares. The firm adjusted targets in the brokers, asset managers and exchanges group as part of its 2026. Market conditions "look constructive" going into 2026, particularly for the alternative asset managers and wealth brokers, the analyst tells investors in a research note. Barclays sees a more mixed outlook for the exchanges and traditional asset managers.
UBS
Neutral
initiated
$1,180
2025-12-11
Reason
UBS
Price Target
$1,180
2025-12-11
initiated
Neutral
Reason
UBS assumed coverage of BlackRock with a Neutral rating and $1,180 price target, noting strong sector fundamentals across 20 U.S. asset managers and brokers despite more mixed views on valuations and consensus expectations.The outlook favors undervalued growth, disciplined capital allocation, and firms positioned for margin expansion, while secular tailwinds support wealth brokers and independent investment banks whose robust earnings growth appears partly priced in, the analyst tells investors in a research note.
BofA
Buy
maintain
2025-12-10
Reason
BofA
Price Target
2025-12-10
maintain
Buy
Reason
BofA raised the firm's price target on BlackRock to $1,464 from $1,456 and keeps a Buy rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset 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, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
