Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0793
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2637
    +0.0015 (+0.11%)
     
  • USD/JPY

    151.2170
    -0.1550 (-0.10%)
     
  • Bitcoin USD

    69,334.14
    -1,928.62 (-2.71%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

BlackRock shares could rise further -Barron's

Oct 27 (Reuters) - Shares of money manager BlackRock Inc have even more room to climb, keeping up its recent streak, Barron's reported in its Oct. 28 edition.

The firm's stock has been up 65 percent over a year ago and is trading at one of the highest multiples of its asset manager peers such as T. Rowe Price. Still, the finiancial newspaper said BlackRock's shares could rise another 15 percent.

The reason is a healthy mix of funds, strong cash flow and a good management team.

BlackRock stock closed nearly unchanged on Friday at $307.61.

Advertisement