Black Hills Corp (NYSE:BKH) has coverage initiated with a Sector Perform rating and $58.00 price target

ME Staff
-
0

Analyst Ratings For Black Hills Corp (NYSE:BKH)

Today, Howard Weil initiated coverage on Black Hills Corp (NYSE:BKH) with a Sector Perform with a price target of $58.00.

There are 4 Hold Ratings, 2 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Black Hills Corp (NYSE:BKH) is Hold with a consensus target price of $59.2857 per share, a potential 1.83% downside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Sector Perform rating.
  • 7/12/2018-Bank of America was Downgraded by analysts at Bank of America from a “Neutral ” rating to a ” Underperform” rating. They now have a $60.00 price target on the stock, up previously from $59.00 .
  • 1/10/2018-Williams Capital Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 10/27/2017-Wells Fargo & Co initiated coverage with a Market Perform rating.

Recent Insider Trading Activity For Black Hills Corp (NYSE:BKH)
Black Hills Corp (NYSE:BKH) has insider ownership of 1.10% and institutional ownership of 99.18%.

  • On 3/3/2017 Thomas J Zeller, Director, sold 284 with an average share price of $65.28 per share and the total transaction amounting to $18,539.52.
  • On 2/8/2017 Jennifer C Landis, SVP, bought 1,200 with an average share price of $60.85 per share and the total transaction amounting to $73,020.00.
  • On 11/6/2015 Gary L Pechota, Director, bought 1,000 with an average share price of $44.29 per share and the total transaction amounting to $44,290.00.
  • On 8/26/2015 Richard Kinzley, CFO, bought 1,087 with an average share price of $38.76 per share and the total transaction amounting to $42,132.12.
  • On 8/26/2015 Steven Richard Mills, Director, bought 2,500 with an average share price of $38.87 per share and the total transaction amounting to $97,175.00.
  • On 8/12/2015 Gary L Pechota, Director, bought 1,000 with an average share price of $42.25 per share and the total transaction amounting to $42,250.00.
  • On 5/14/2015 Gary L Pechota, Director, bought 1,000 with an average share price of $46.96 per share and the total transaction amounting to $46,960.00.

About Black Hills Corp (NYSE:BKH)
Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility company in the United States. The company's Electric Utilities segment generates, transmits, and distributes electricity to approximately 210,000 electric customers in South Dakota, Wyoming, Colorado, and Montana. This segment owns 941 megawatts of generation capacity and 8,839 miles of electric transmission and distribution lines. Its Gas Utilities segment distributes natural gas to approximately 1,042,000 natural gas utility customers in Arkansas, Colorado, Iowa, Nebraska, Kansas, and Wyoming. This segment owns 4,656 miles of intrastate gas transmission pipelines and 40,455 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 45,000 horsepower of compression and 600 miles of gathering lines. The company's Power Generation segment produces electric power and sells the electric capacity and energy primarily to its utilities under long-term contracts. Its Mining segment produces coal at its coal mine located near Gillette, Wyoming and sells the coal to electric generation facilities. The company also provides appliance repair services to approximately 63,000 residential customers; and constructs and maintains gas infrastructure facilities and electrical systems for gas transportation and electric utilities customers. Black Hills Corporation was founded in 1941 and is headquartered in Rapid City, South Dakota.

Recent Trading Activity for Black Hills Corp (NYSE:BKH)
Shares of Black Hills Corp closed the previous trading session at 60,39 −0,050 0,083 % with 336200 shares trading hands.