2. As of noon trading, BlackRock ( BLK) is up $0.97 (0.5%) to $193.41 on light volume Thus far, 108,670 shares of BlackRock exchanged hands as compared to its average daily volume of 786,200 shares. The stock has ranged in price between $191.69-$193.53 after having opened the day at $192.40 as compared to the previous trading day's close of $192.44.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $33.4 billion and is part of the financial services industry. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 8.0% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate BlackRock a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full BlackRock Ratings Report now.

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