Blackline Safety (TSE:BLN – Free Report) had its target price raised by Ventum Financial from C$6.50 to C$7.00 in a research report released on Thursday morning, BayStreet.CA reports.
BLN has been the topic of a number of other reports. Canaccord Genuity Group upped their price objective on Blackline Safety from C$5.25 to C$5.50 and gave the company a speculative buy rating in a report on Friday, June 14th. Ventum Cap Mkts raised Blackline Safety to a strong-buy rating in a report on Wednesday, September 4th. ATB Capital increased their target price on Blackline Safety from C$5.50 to C$6.00 in a report on Monday, June 17th. Finally, National Bankshares set a C$6.00 target price on Blackline Safety and gave the stock a buy rating in a report on Thursday, June 13th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Blackline Safety has an average rating of Buy and a consensus target price of C$6.80.
Read Our Latest Analysis on Blackline Safety
Blackline Safety Stock Performance
Blackline Safety (TSE:BLN – Get Free Report) last issued its quarterly earnings data on Thursday, June 13th. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.02). The business had revenue of C$31.58 million during the quarter, compared to analysts’ expectations of C$30.62 million. On average, equities analysts forecast that Blackline Safety will post -0.05 EPS for the current year.
About Blackline Safety
Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.
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