NYSE:BKH

Black Hills (BKH) Price Target & Analyst Ratings

$58.68

+0.36 (+0.62%)

(As of 08/9/2023 ET)

Compare

Today's Range: $57.92
▼
$59.20
50-Day Range: $56.89
▼
$64.14
52-Week Range: $56.60
▼
$79.78

Volume: 517,949 shs
Average Volume: 516,877 shs
Market Capitalization: $3.94 billion

P/E Ratio: 15.73
Dividend Yield: 4.26%
Price Target: $66.29

Black Hills Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Reduce
Based on 6 Analyst Ratings

Consensus Analyst Price Target

$66.29
12.96% Upside

High Prediction	$84.00
Average Prediction	$66.29
Low Prediction	$56.00

Type	Current 8/10/22 to 8/10/23	1 Month Ago 7/11/22 to 7/11/23	3 Months Ago 5/12/22 to 5/12/23	1 Year Ago 8/10/21 to 8/10/22
Consensus Rating	Reduce	Reduce	Reduce	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$66.29	$67.29	$67.29	$78.00
Predicted Upside	12.96% Upside	1.67% Upside	1.67% Upside	6.72% Upside

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BKH Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BKH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Black Hills Stock vs. The Competition

Type	Black Hills	Utilities Companies	S&P 500
Consensus Rating Score	1.67	2.38	2.48
Consensus Rating	Reduce	Hold	Hold
Predicted Upside	12.96% Upside	424.73% Upside	636.81% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$60.00 ➝ $56.00	-3.95%
8/4/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$66.00 ➝ $62.00	+8.15%
2/10/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$81.00 ➝ $68.00	+7.58%
2/9/2023	Sidoti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$67.00	+3.99%
2/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$79.00 ➝ $60.00	-6.47%
2/8/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$67.00	-5.66%
9/13/2022	Siebert Williams Shank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$84.00	+9.09%

(Data available from 8/10/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

BKH Price Target - Frequently Asked Questions

What is Black Hills's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for Black Hills stock is Reduce based on the current 2 sell ratings and 4 hold ratings for BKH. The average twelve-month price prediction for Black Hills is $66.29 with a high price target of $84.00 and a low price target of $56.00. Learn more on BKH's analyst rating history.
Do Wall Street analysts like Black Hills more than its competitors?: Analysts like Black Hills less than other Utilities companies. The consensus rating for Black Hills is Reduce while the average consensus rating for utilities companies is Hold. Learn more on how BKH compares to other companies.
Does Black Hills's stock price have much upside?: According to analysts, Black Hills's stock has a predicted upside of 2.97% based on their 12-month price targets.

What analysts cover Black Hills?: Black Hills has been rated by Mizuho, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:BKH) was last updated on 8/10/2023 by MarketBeat.com Staff

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