Black Diamond Group Ltd (TSE:BDI) had its price target decreased by Acumen Capital from C$6.20 to C$5.60 in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Acumen Capital’s target price would indicate a potential upside of 22.81% from the company’s previous close.
BDI has been the topic of a number of other research reports. CIBC raised their price objective on shares of Black Diamond Group from C$4.50 to C$5.50 in a research note on Thursday, July 7th. Scotiabank reiterated a “sector perform” rating and set a C$6.50 price objective on shares of Black Diamond Group in a research note on Thursday, July 7th. Finally, Raymond James Financial Inc. lowered their price objective on shares of Black Diamond Group from C$15.75 to C$13.75 and set a “strong-buy” rating on the stock in a research note on Thursday, August 25th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Black Diamond Group presently has an average rating of “Buy” and an average target price of C$8.04.
Black Diamond Group (TSE:BDI) traded down 1.32% during midday trading on Thursday, hitting $4.50. 100,897 shares of the stock were exchanged. The company’s 50 day moving average is $4.40 and its 200 day moving average is $4.82. Black Diamond Group has a 1-year low of $3.74 and a 1-year high of $10.08. The company’s market capitalization is $207.52 million.
About Black Diamond Group
Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.
Receive News & Ratings for Black Diamond Group Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Diamond Group Ltd and related companies with MarketBeat.com's FREE daily email newsletter.