Key Researchers at Credit Suisse Maintained their ‘”Neutral”’ rating for Black Hills (NYSE:BKH) Shares Today. Their Target Price per Share Given is $62

August 9, 2018 - By Carolyn Hewitt

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Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.25, from 1.28 in 2017Q4. It dropped, as 36 investors sold Black Hills Corporation shares while 67 reduced holdings. 42 funds opened positions while 64 raised stakes. 52.07 million shares or 1.02% more from 51.54 million shares in 2017Q4 were reported.

Tower Limited Liability Corp (Trc) owns 1,772 shares or 0.01% of their US portfolio. Aperio Group Incorporated Lc holds 0.01% or 50,474 shares. Us Bankshares De holds 32,429 shares. 298,824 are held by Denver Invest Advisors Ltd Llc. Advisory Ser Lc accumulated 101 shares. Kbc Grp Nv invested 0% of its portfolio in Black Hills Corporation (NYSE:BKH). Minnesota-based Thrivent Financial For Lutherans has invested 0% in Black Hills Corporation (NYSE:BKH). Hennessy holds 0.32% or 173,747 shares. Ohio-based Employees Retirement Sys Of Ohio has invested 0% in Black Hills Corporation (NYSE:BKH). 160 were accumulated by Markston Int Ltd Llc. Great West Life Assurance Communication Can, Manitoba – Canada-based fund reported 34,430 shares. Teachers Retirement Sys Of The State Of Kentucky owns 55,921 shares or 0.04% of their US portfolio. Asset Management reported 1,388 shares or 0% of all its holdings. New Mexico Educational Retirement Board reported 14,706 shares. South Dakota Inv Council stated it has 30,500 shares or 0.04% of all its holdings.

Black Hills (NYSE:BKH) Rating Reaffirmed

Recently, In analysts report shared with investors and clients on Wednesday, 8 August, Black Hills (NYSE:BKH) shares have had their “Neutral” Rating reiterated by equity analysts at Credit Suisse, who currently has a $62 price target on company. This target by Credit Suisse indicates the possibile upside of 2.62 % from the current price.

Black Hills Corporation (NYSE:BKH) Ratings Coverage

Among 4 analysts covering Black Hills (NYSE:BKH), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Black Hills has $62 highest and $53 lowest target. $58.33’s average target is -3.46% below currents $60.42 stock price. Black Hills had 5 analyst reports since April 10, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Neutral” rating in Monday, May 21 report. The stock of Black Hills Corporation (NYSE:BKH) has “Neutral” rating given on Wednesday, August 8 by Credit Suisse. The firm has “Underperform” rating given on Thursday, July 12 by Bank of America. The firm has “Neutral” rating by JP Morgan given on Tuesday, April 10.

The stock increased 0.40% or $0.24 during the last trading session, reaching $60.42. About 43,093 shares traded. Black Hills Corporation (NYSE:BKH) has declined 16.78% since August 9, 2017 and is downtrending. It has underperformed by 29.35% the S&P500.

Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility firm in the United States. The company has market cap of $3.24 billion. The companyÂ’s Electric Utilities segment generates, transmits, and distributes electricity to approximately 208,500 electric clients in South Dakota, Wyoming, Colorado, and Montana. It has a 14.18 P/E ratio. This segment owns 941 megawatts of generation capacity and 8,806 miles of electric transmission and distribution lines.

More recent Black Hills Corporation (NYSE:BKH) news were published by: Seekingalpha.com which released: “Black Hills’ (BKH) CEO David Emery on Q2 2018 Results – Earnings Call Transcript” on August 07, 2018. Also Benzinga.com published the news titled: “BofA Downgrades Black Hills Corp. On Lack Of Projected Catalysts” on July 13, 2018. Globenewswire.com‘s news article titled: “Black Hills Corp. Reports Second Quarter 2018 Results” with publication date: August 06, 2018 was also an interesting one.

Black Hills Corporation (NYSE:BKH) Institutional Positions Chart

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