Black Diamond Group Ltd (BDI) Price Target Cut to C$5.60
Several other equities research analysts also recently weighed in on BDI. CIBC downgraded shares of Black Diamond Group from a sector perform rating to an underperform rating and reduced their target price for the company from C$6.00 to C$4.50 in a research note on Monday, August 15th. Raymond James Financial Inc. reduced their target price 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. Finally, Scotiabank reissued a sector perform rating and issued a C$6.50 target price on shares of Black Diamond Group in a research note on Thursday, July 7th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of C$7.17.
Shares of Black Diamond Group (TSE:BDI) opened at 4.55 on Thursday. Black Diamond Group has a 1-year low of $3.74 and a 1-year high of $10.08. The company’s market cap is $209.82 million. The company’s 50-day moving average is $4.39 and its 200 day moving average is $4.83.
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.
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