In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, Blackline Safety (BLN). The company received a Buy today from Raymond James’ analyst Ben Cherniavsky, with a C$7.50 price target.
Cherniavsky has an average return of 15.7% when recommending Blackline Safety.
According to TipRanks.com, Cherniavsky is ranked #619 out of 5222 analysts.
Currently, the analyst consensus on Blackline Safety is a Moderate Buy with an average price target of C$7.63.
Blackline Safety’s market cap is currently C$279.5M and has a P/E ratio of 0. The company has a Price to Book ratio of 6.21.
Blackline Safety Corp. engages in developing, manufacturing, and marketing products and services for employee monitoring. The firm operates through the Product and Service segments. The Product segment consists of sales from connected safety monitoring hardware devices to a variety of industries and geographic locations.
The company’s shares closed on Monday at C$5.90.
