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Black Hills - BKH Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $59.83
  • Forecasted Upside: 12.94%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$52.98 As of 12/5/2023 11:32 AM ET
▼ -0.49 (-0.92%)

This chart shows the closing price for BKH by one month, three months, or twelve months.

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Analyst Price Target for BKH

Analyst Price Target is $59.83
▲ +12.94% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Black Hills in the last 3 months. The average price target is $59.83, with a high forecast of $67.00 and a low forecast of $49.00. The average price target represents a 12.94% upside from the last price of $52.98.

This chart shows the closing price for BKH for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 6 investment analysts is to reduce stock in Black Hills. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/12/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/10/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/9/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
3/9/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/7/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/5/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
11/4/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/4/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/21/2023MizuhoUpgradeUnderperform ➝ Neutral$53.00Low
11/20/2023Bank of AmericaLower TargetUnderperform ➝ Underperform$60.00 ➝ $49.00Low
9/22/2023MizuhoLower TargetUnderperform ➝ Underperform$56.00 ➝ $53.00Low
9/6/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$68.00 ➝ $61.00Low
8/9/2023MizuhoLower Target$60.00 ➝ $56.00Low
8/4/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$66.00 ➝ $62.00Low
7/21/2023MizuhoLower TargetUnderperform$60.00 ➝ $56.00Low
2/10/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$81.00 ➝ $68.00Low
2/9/2023SidotiDowngradeBuy ➝ Neutral$67.00Low
2/9/2023Wells Fargo & CompanyLower TargetEqual Weight$71.00 ➝ $65.00Low
2/9/2023MizuhoDowngradeNeutral ➝ Underperform$71.00 ➝ $60.00Low
2/8/2023Bank of AmericaDowngradeNeutral ➝ Underperform$79.00 ➝ $60.00Low
2/8/2023ScotiabankDowngradeSector Outperform ➝ Sector Perform$67.00Low
12/14/2022Wells Fargo & CompanyBoost Target$65.00 ➝ $71.00Low
11/4/2022Wells Fargo & CompanyLower TargetEqual Weight$68.00 ➝ $65.00Low
10/19/2022Wells Fargo & CompanyLower TargetEqual Weight$79.00 ➝ $68.00Low
10/13/2022Bank of AmericaDowngradeBuy ➝ Neutral$87.00 ➝ $66.00Low
9/13/2022Siebert Williams ShankBoost Target$84.00Low
5/6/2022MizuhoDowngradeBuy ➝ Neutral$71.00 ➝ $76.00Medium
2/7/2022MizuhoUpgradeNeutral ➝ Buy$71.00High
9/22/2021MizuhoBoost TargetNeutral$60.00 ➝ $67.00Low
8/25/2021SidotiBoost TargetBuy$78.00 ➝ $80.00Medium
5/6/2021Credit Suisse GroupBoost TargetOutperform$75.00 ➝ $78.00Medium
4/28/2021Wells Fargo & CompanyBoost TargetEqual Weight$67.00 ➝ $74.00Low
4/6/2021Wells Fargo & CompanyBoost TargetOverweight$70.00 ➝ $75.00Low
3/9/2021MizuhoReiterated RatingBuy ➝ Neutral$66.00 ➝ $60.00Low
3/3/2021MizuhoDowngradeBuy ➝ Neutral$66.00 ➝ $60.00Medium
1/19/2021Credit Suisse GroupBoost TargetOutperform$68.00 ➝ $70.00Medium
12/15/2020ScotiabankUpgradeSector Perform ➝ Sector Outperform$77.00Medium
11/13/2020Bank of AmericaUpgradeNeutral ➝ Buy$69.00High
11/2/2020Credit Suisse GroupLower TargetOutperform$67.00 ➝ $65.00Low
7/2/2020MizuhoLower TargetBuy$77.00 ➝ $70.00Medium
5/22/2020MizuhoBoost TargetBuy$66.00 ➝ $71.00Low
5/21/2020SidotiUpgradeNeutral ➝ Buy$66.00 ➝ $69.00Medium
5/19/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$70.00Medium
5/6/2020Williams CapitalReiterated RatingBuyLow
5/6/2020Wells Fargo & CompanyLower TargetEqual Weight$88.00 ➝ $66.00Low
5/6/2020Siebert Williams ShankUpgradeHold ➝ Buy$64.00 ➝ $75.00High
5/1/2020Credit Suisse GroupLower TargetNeutral$83.00 ➝ $70.00High
4/29/2020Bank of AmericaDowngradeBuy ➝ Neutral$71.00High
4/13/2020SidotiDowngradeBuy ➝ Neutral$70.00High
3/9/2020Royal Bank of CanadaReiterated RatingBuy$88.00Low
11/22/2019MizuhoInitiated CoverageBuy$80.00Medium
10/10/2019Bank of AmericaUpgradeNeutral ➝ BuyMedium
8/9/2019Credit Suisse GroupLower TargetNeutral$79.00 ➝ $78.00Medium
5/8/2019ScotiabankUpgradeUnderperform ➝ Sector Perform$64.00 ➝ $70.00Low
3/18/2019Williams CapitalReiterated RatingHoldLow
3/5/2019Credit Suisse GroupSet TargetHold$72.00Low
2/11/2019Credit Suisse GroupBoost TargetNeutral ➝ Neutral$66.00 ➝ $68.00Low
2/11/2019Bank of AmericaUpgradeUnderperform ➝ Neutral$69.00Medium
2/6/2019Williams CapitalDowngradeBuy ➝ Hold$64.00Medium
1/23/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$69.00 ➝ $66.00Low
12/12/2018ScotiabankDowngradeSector Perform ➝ SellLow
(Data available from 12/5/2018 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2023
  • 11 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2023
  • 12 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2023
  • 10 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2023
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2023
  • 13 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/5/2023
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2023

Current Sentiment

  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Black Hills logo
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,107,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,713 miles of intrastate gas transmission pipelines; 42,222 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
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Today's Range

Now: $52.98
Low: $52.84
High: $53.50

50 Day Range

MA: $50.18
Low: $47.92
High: $53.49

52 Week Range

Now: $52.98
Low: $46.43
High: $73.98

Volume

28,921 shs

Average Volume

516,817 shs

Market Capitalization

$3.60 billion

P/E Ratio

13.73

Dividend Yield

4.68%

Beta

0.65

Frequently Asked Questions

What sell-side analysts currently cover shares of Black Hills?

The following Wall Street sell-side analysts have issued stock ratings on Black Hills in the last twelve months: Bank of America Co., Mizuho, Royal Bank of Canada, Scotiabank, Sidoti, StockNews.com, TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for BKH.

What is the current price target for Black Hills?

6 Wall Street analysts have set twelve-month price targets for Black Hills in the last year. Their average twelve-month price target is $59.83, suggesting a possible upside of 11.9%. Sidoti has the highest price target set, predicting BKH will reach $67.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $49.00 for Black Hills in the next year.
View the latest price targets for BKH.

What is the current consensus analyst rating for Black Hills?

Black Hills currently has 1 sell rating and 5 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for BKH.

What other companies compete with Black Hills?

Other companies that are similar to Black Hills include NorthWestern Energy Group, Companhia Paranaense de Energia - COPEL, PNM Resources, ONE Gas and Spire. Learn More about companies similar to Black Hills.

How do I contact Black Hills' investor relations team?

Black Hills' physical mailing address is 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702. The utilities provider's listed phone number is (605) 721-1700 and its investor relations email address is investorrelati[email protected]. The official website for Black Hills is www.blackhillscorp.com. Learn More about contacing Black Hills investor relations.