Are Wall Street Analysts Predicting BlackRock Stock Will Climb or Sink?

With a market cap of $149.2 billion, BlackRock, Inc. (BLK) is a leading global investment management firm offering a wide range of investment and technology solutions to institutional and individual clients. The firm manages diverse asset classes worldwide and operates in over 30 countries.

The New York-based company's shares have outperformed the broader market over the past 52 weeks. BLK has increased 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 10.2%. However, shares of BlackRock are down 6% on a YTD basis, lagging behind SPX’s 1.3% drop.