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Blount International (NYSE:BLT) shares reached a new 52-week high on Monday , Analyst Ratings.Net reports. The company traded as high as $15.34 and last traded at $15.32, with a volume of 172,402 shares trading hands. The stock had previously closed at $15.00.

BLT has been the subject of a number of recent research reports. Analysts at William Blair upgraded shares of Blount International from a “market perform” rating to an “outperform” rating in a research note on Thursday, June 26th. Separately, analysts at Maxim Group initiated coverage on shares of Blount International in a research note on Tuesday, June 17th. They set a “hold” rating and a $4.00 price target on the stock. Finally, analysts at ISI Group upgraded shares of Blount International from a “hold” rating to a “buy” rating in a research note on Tuesday, June 10th. They now have a $16.00 price target on the stock. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $12.00.

The stock’s 50-day moving average is $13.99 and its 200-day moving average is $12.64. The company has a market cap of $761.4 million and a price-to-earnings ratio of 82.42.

Blount International (NYSE:BLT) last released its earnings data on Wednesday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.03. The company had revenue of $235.40 million for the quarter, compared to the consensus estimate of $236.50 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts expect that Blount International will post $0.96 EPS for the current fiscal year.

Blount International, Inc (NYSE:BLT) is a global industrial company.

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