Stock of the Week: Black Rock

UMushrooms' key components in investment selection say the following:

• High social media attention (attention buzz "high")

• Financial social media sentiment is highly positive

• Analysts' consensus rating is a "strong-buy"; out of the 16 bank analysts covering Blackrock, 13 are recommending buying the stock and 3 to hold it. The upside potential of the stock price expected by the analysts on average over the next 6-12 months is currently 34.58% (reference close of business 18/04/22)

Blackrock's latest press news:

• Tata Power Company and BlackRock Real Assets-led consortium, including Mubadala Investment Company, has entered into a binding agreement to invest in Tata Power Renewable Energy, the company's renewable energy subsidiary. BlackRock Real Assets, together with Mubadala, shall invest approximately $525 million.

  Source: BlackRock, Mubadala to invest Rs 4,000 crore in Tata Power Renewables | Business Standard News (business-standard.com)

• BlackRock projected at least 75 percent of assets managed for clients would be in issuers with science-based targets for climate change by 2030.
  Source: https://www.finews.asia/finance/36729-blackrock-75-percent-of-assets-to-be-net-zero-aligned-by-2030

• FT: Blackrock surpasses the 10tn Assets under Management mark

• BlackRock Reports First Quarter 2022 on Apirl 13 2022, S

  Source: Blackrock

Originally Published on: agefi.com