Blackline Safety (CVE:BLN) Rating Lowered to “Strong Sell” at TD Securities

Blackline Safety (CVE:BLN) was downgraded by analysts at TD Securities from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities research analysts also recently weighed in on the company. Royal Bank Of Canada raised Blackline Safety to a “moderate buy” rating in a research report on Thursday, December 18th. Raymond James Financial downgraded Blackline Safety from a “moderate buy” rating to a “hold” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Blackline Safety Stock Down 0.3%

Shares of CVE BLN opened at C$8.92 on Monday. Blackline Safety has a 1-year low of C$4.60 and a 1-year high of C$9.09. The business has a 50-day moving average of C$8.92 and a 200-day moving average of C$8.92.