Blackline Safety (OTCMKTS:BLKLF) Given New C$5.00 Price Target at Canaccord Genuity Group

Blackline Safety (OTCMKTS:BLKLFGet Rating) had its price target lowered by Canaccord Genuity Group from C$6.00 to C$5.00 in a research note published on Thursday, The Fly reports.

Several other research analysts have also weighed in on the company. Raymond James lowered their price objective on Blackline Safety from C$9.00 to C$6.00 in a research report on Thursday, September 1st. TD Securities lowered their price target on Blackline Safety from C$7.50 to C$6.00 in a research report on Tuesday, August 9th. National Bank Financial lowered their price target on Blackline Safety from C$9.00 to C$6.00 in a research report on Wednesday, June 15th. Finally, B. Riley lowered their price target on Blackline Safety from C$8.00 to C$4.00 in a research report on Wednesday.

Blackline Safety Stock Performance

Shares of Blackline Safety stock opened at $1.46 on Thursday. Blackline Safety has a fifty-two week low of $1.46 and a fifty-two week high of $6.49. The stock has a 50 day moving average of $1.77 and a 200 day moving average of $3.08.

About Blackline Safety

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Blackline Safety Corp., develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, Australia, New Zealand, and internationally. It offers connected safety devices, including G7c, a safety wearable for indoor and outdoor locations covered by 3G wireless; G7x, a safety wearable for remote locations; G7 EXO, a cloud-connected area monitor; G7 Dock, an accessory product used to calibrate G7c and G7x devices; G7 Bridge, a portable satellite base station; G7 lone worker monitoring solutions; and field-replaceable cartridges in G7c, G7x, and G7 EXO connected devices.

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