Black Diamond Group Limited (BDI) Downgraded by Clarus Securities
BDI has been the topic of several other reports. CIBC cut their price objective on Black Diamond Group Limited from C$4.00 to C$2.75 in a research report on Thursday, July 20th. Raymond James Financial, Inc. dropped their target price on Black Diamond Group Limited from C$4.50 to C$2.80 and set an outperform rating on the stock in a research report on Tuesday, August 15th. National Bank Financial dropped their target price on Black Diamond Group Limited from C$4.50 to C$3.00 and set a sector perform rating on the stock in a research report on Friday, August 4th. Scotiabank dropped their target price on Black Diamond Group Limited from C$2.25 to C$2.00 and set an underperform rating on the stock in a research report on Thursday. Finally, Acumen Capital dropped their target price on Black Diamond Group Limited from C$4.50 to C$3.25 and set a buy rating on the stock in a research report on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Black Diamond Group Limited has an average rating of Hold and an average target price of C$2.92.
Black Diamond Group Limited (TSE BDI) opened at C$2.13 on Thursday. Black Diamond Group Limited has a 52-week low of C$1.55 and a 52-week high of C$5.88.
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In other news, insider Edward James Kernaghan acquired 15,000 shares of the stock in a transaction that occurred on Wednesday, October 25th. The stock was purchased at an average cost of C$1.86 per share, with a total value of C$27,900.00. Over the last three months, insiders purchased 83,700 shares of company stock valued at $158,718.
About Black Diamond Group Limited
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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