Blackline Safety Corp. (TSE:BLN – Get Free Report) has been assigned an average rating of “Hold” from the five brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$9.27.
Several analysts have recently commented on the company. Royal Bank Of Canada cut Blackline Safety from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from C$9.00 to C$9.25 in a report on Friday, May 22nd. TD cut Blackline Safety from a “hold” rating to a “sell” rating and increased their target price for the stock from C$8.00 to C$9.00 in a report on Monday, April 13th. Ventum Financial lowered Blackline Safety from a “buy” rating to a “tender” rating and upped their price target for the company from C$8.25 to C$9.00 in a research note on Thursday, April 9th. Finally, Raymond James Financial lowered Blackline Safety from an “outperform” rating to a “market perform” rating and cut their price target for the company from C$10.00 to C$9.38 in a research note on Friday, April 10th.
Check Out Our Latest Analysis on BLN
Blackline Safety Price Performance
Blackline Safety (TSE:BLN – Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported C($0.03) EPS for the quarter. The business had revenue of C$38.85 million for the quarter. Blackline Safety had a negative return on equity of 13.41% and a negative net margin of 6.83%. Equities research analysts expect that Blackline Safety will post -0.05 EPS for the current fiscal year.
About Blackline Safety
Blackline Safety Corp is a connected safety monitoring technology company. It provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of people, having reported over 161 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, the company ensure that help is never too far away.
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