On May 13, 2025, BMO Capital initiated coverage on Black Hills (BKH, Financial) with an “Outperform” rating. This latest evaluation by analyst Edward DeArias reflects confidence in the company’s potential for positive market performance.
As a part of the coverage initiation, BMO Capital announced a price target of $68.00 USD for Black Hills (BKH, Financial). This price target is a forward-looking estimate of the stock’s potential value as determined by the analyst’s assessment.
The announcement did not include any prior price targets or rating changes, indicating this is a fresh perspective on Black Hills (BKH, Financial) by BMO Capital.
Investors and stakeholders may find this new coverage by BMO Capital an important consideration in evaluating their positions on Black Hills (BKH, Financial) in the ever-changing stock market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Black Hills Corp (BKH, Financial) is $65.00 with a high estimate of $76.00 and a low estimate of $59.00. The average target implies an upside of 11.93% from the current price of $58.07. More detailed estimate data can be found on the Black Hills Corp (BKH) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Black Hills Corp’s (BKH, Financial) average brokerage recommendation is currently 2.8, indicating “Hold” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Black Hills Corp (BKH, Financial) in one year is $58.08, suggesting a upside of 0.02% from the current price of $58.07. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. More detailed data can be found on the Black Hills Corp (BKH) Summary page.
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
