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Shares of Boulder Brands (NASDAQ:BDBD) hit a new 52-week low during mid-day trading on Thursday , Analyst Ratings.Net reports. The stock traded as low as $11.34 and last traded at $11.39, with a volume of 190,061 shares. The stock had previously closed at $11.89.

A number of analysts have recently weighed in on BDBD shares. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Boulder Brands in a research note on Thursday, July 10th. They now have a $13.10 price target on the stock, down previously from $17.00. Separately, analysts at TheStreet downgraded shares of Boulder Brands from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. Finally, analysts at SunTrust upgraded shares of Boulder Brands from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. They now have a $23.00 price target on the stock, up previously from $15.00. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Boulder Brands has a consensus rating of “Buy” and a consensus price target of $96.32.

The stock has a 50-day moving average of $13.5 and a 200-day moving average of $14.80. The company has a market cap of $691.1 million and a P/E ratio of 102.50.

Boulder Brands (NASDAQ:BDBD) last announced its earnings results on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.06. The company had revenue of $122.90 million for the quarter, compared to the consensus estimate of $124.60 million. During the same quarter last year, the company posted $0.07 earnings per share. Boulder Brands’s revenue was up 15.2% compared to the same quarter last year. On average, analysts predict that Boulder Brands will post $0.40 earnings per share for the current fiscal year.

Boulder Brands, Inc is a supplier of gluten-free and health and wellness products in the United States and Canada.

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