Blackline Safety (CVE:BLN) Cut to Hold at Raymond James Financial

Raymond James Financial lowered shares of Blackline Safety (CVE:BLN) from a moderate buy rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.

Separately, Royal Bank Of Canada upgraded shares of Blackline Safety to a “moderate buy” rating in a report on Thursday, December 18th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Blackline Safety Stock Performance

Shares of CVE BLN opened at C$8.92 on Thursday. Blackline Safety has a 12 month low of C$4.60 and a 12 month high of C$9.09. The firm has a fifty day simple moving average of C$8.92 and a two-hundred day simple moving average of C$8.92.