BlackRock traded at $1,173.73 this Friday August 14th, decreasing $9.11 or 0.77 percent since the previous trading session. Looking back, over the last four weeks, BlackRock lost 7.35 percent. Over the last 12 months, its price rose by 3.41 percent. Looking ahead, we forecast BlackRock to be priced at 1,148.49 by the end of this quarter and at 1,076.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients. Its diverse platform of active (alpha) and index (beta) 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 (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries.