Ventum Financial set a C$6.50 target price on Blackline Safety (TSE:BLN – Free Report) in a research report report published on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other research firms also recently commented on BLN. National Bankshares set a C$6.00 target price on shares of Blackline Safety and gave the stock a buy rating in a research report on Thursday, June 13th. Canaccord Genuity Group boosted their price target on shares of Blackline Safety from C$5.25 to C$5.50 and gave the company a speculative buy rating in a research note on Friday, June 14th. Finally, ATB Capital upped their target price on shares of Blackline Safety from C$5.50 to C$6.00 in a research note on Monday, June 17th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Blackline Safety presently has a consensus rating of Buy and a consensus price target of C$6.00.
View Our Latest Stock Report on Blackline Safety
Blackline Safety Stock Performance
Blackline Safety (TSE:BLN – Get Free Report) last released its quarterly earnings results 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 company had revenue of C$31.58 million for the quarter, compared to analyst estimates of C$30.62 million. As a group, equities analysts predict that Blackline Safety will post -0.05 EPS for the current year.
Blackline Safety Company Profile
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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