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Blount International, Inc. (BLT) [hlAlert]

Rating:
Buy BLT
down 58.39 %

Blount International, Inc. (BLT) rated Buy with price target $20 by KeyBanc Capital Mkts

Posted on: Wednesday,  Aug 17, 2011  3:25 PM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy Blount International, Inc. (NYSE: BLT) on 08/17/2011, when the stock price was $15.67.
Since then, Blount International, Inc. has lost 58.39% as of 12/23/2015's recent price of $6.52.
If you would have followed this KeyBanc Capital Mkts's recommendation on BLT, you would have lost 58.39% of your investment in 1589 days.

Blount International, Inc. (Blount) is an international industrial company with one business segment: Outdoor Products. The Company also wholly owns and operates a manufacturer of gear-related products. Blount?s products are sold in approximately 100 countries and approximately 66% of its sales, during the year ended December 31, 2008, were outside of the United States of America. The Company has manufacturing operations in the United States, Canada, Brazil and the People's Republic of China. It also operates marketing, sales and distribution centers in other parts of the world. On May 2, 2008, the acquired Carlton Holdings, Inc. and its subsidiaries (Carlton), a manufacturer of cutting chain for chainsaws.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2011 3:25 PM Buy
None
15.67 20.00
as of 12/30/2011
1 Week down  -2.87 %
1 Month down  -5.16 %
3 Months up  8.68 %
1 YTD down  -7.33 %

(*) Stock Price at the time of the recommendation.
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