--- title: "Weekly Recap | BlackRock -3.8%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298799241.md" description: "BlackRock fell 3.8% this week to close at 1,079.65, underperforming the S&P 500 by roughly 3 percentage points. The four-session week opened at 1,107.78 on Tuesday 8 September, touched a high of 1,113.03, then slid through Wednesday and Thursday to a low of 1,061.55 before a modest rebound into Friday’s 1,079.65 close. The close sits near the 60-day average of 1,084.04. Weekly range was 4.65% on below-median trading volume." datetime: "2026-09-12T07:43:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298799241.md) - [en](https://longbridge.com/en/news/298799241.md) - [zh-HK](https://longbridge.com/zh-HK/news/298799241.md) generator: "portal-rs" --- # Weekly Recap | BlackRock -3.8%, consensus target above spot ## The Week BlackRock fell 3.8% this week to close at 1,079.65, underperforming the S&P 500 by roughly 3 percentage points. The four-session week opened at 1,107.78 on Tuesday 8 September, touched a high of 1,113.03, then slid through Wednesday and Thursday to a low of 1,061.55 before a modest rebound into Friday’s 1,079.65 close. The close sits near the 60-day average of 1,084.04. Weekly range was 4.65% on below-median trading volume. ## Key Events BlackRock drew attention this week on both its product and disclosure fronts. Arkham reported its ETHB product bought around $13.9 million of ether, while spot ether ETFs pulled in $1.75 billion in August, the best month in a year. The firm also filed or updated a series of Form 8.3 disclosures across European listed companies: its Stora Enso stake rose above 5%, Zalando holding ticked up to 5.33% from 5.32%, and it disclosed a net short position in Renault. Its private credit fund reported lower third-quarter redemption requests, and it named portfolio managers for the BGY fund. ## Analyst Ratings Broker coverage stands at 17 firms: 10 rate it buy and 5 rate it outperform, while 2 rate it hold; none rate it underperform or sell. The consensus recommendation is buy, with a consensus target of $1,323.3125, about 22.6% above the latest price. Targets range from $1,190 to $1,488, showing moderate dispersion. Within the asset-management and custody-bank industry, BlackRock ranks 6 out of 109, ahead of the industry mean of 7 and median of 6. ## The Week Ahead US macro data arrives in clusters next week: the New York Fed manufacturing index on Tuesday 15 September, followed by retail sales, retail-sales control, import prices and the NAHB housing market index on Wednesday 16 September. Retail sales carries a prior reading of -0.6% against a 0.9% forecast, making it a useful gauge of consumer health. BlackRock’s fee-earning AUM stays sensitive to how these prints land. ## In Short BlackRock closed lower and lagged the broader market, yet broker consensus in the latest snapshot stays at buy with a target more than 20% above spot, and its industry ranking remains high. The latest session’s fund flow splits sharply: large-lot orders show 991.98 inflow versus 128.81 outflow, while small-lot orders show 1,978.95 inflow versus 1,210.63 outflow. At a P/E of 25.43 and P/B of 2.90, valuation is not obviously cheap. Next week’s macro releases will test whether the risk-appetite recovery behind its asset base continues. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) ## Related News & Research - [Adani Airports captará 1.000 millones de dólares en capital primario de destacados inversores globales](https://longbridge.com/en/news/298503144.md) - [California State Teachers Retirement System Grows Holdings in Element Solutions Inc. $ESI](https://longbridge.com/en/news/299010515.md) - [CVS Health Corporation $CVS Shares Sold by Corient Private Wealth LP](https://longbridge.com/en/news/298824913.md) - [California State Teachers Retirement System Has $718.36 Million Holdings in KeyCorp $KEY](https://longbridge.com/en/news/298880253.md) - [14,450 Shares in Boyd Gaming Corporation $BYD Bought by VIRGINIA RETIREMENT SYSTEMS ET Al](https://longbridge.com/en/news/298826293.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**