Clarus Securities Equities Analysts Raise Earnings Estimates for Black Diamond Group Ltd (BDI)
Black Diamond Group Ltd (TSE:BDI) – Analysts at Clarus Securities upped their FY2017 EPS estimates for Black Diamond Group in a report issued on Tuesday. Clarus Securities analyst S. Kammermayer now forecasts that the firm will post earnings per share of $0.03 for the year, up from their prior estimate of $0.02.
A number of other equities research analysts also recently issued reports on the company. Raymond James Financial Inc. lowered their price objective on Black Diamond Group from C$15.75 to C$13.75 and set a “strong-buy” rating on the stock in a research report on Thursday, August 25th. Scotiabank reiterated an “outperform” rating and issued a C$8.50 price objective on shares of Black Diamond Group in a research report on Monday, August 15th. Finally, CIBC downgraded Black Diamond Group from a “sector perform” rating to an “underperform” rating and lowered their price objective for the stock from C$6.00 to C$4.50 in a research report on Monday, August 15th. Two analysts have rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$8.34.
Black Diamond Group (TSE:BDI) opened at 4.56 on Wednesday. Black Diamond Group has a 52 week low of $3.74 and a 52 week high of $10.22. The company’s market cap is $210.28 million. The stock has a 50 day moving average price of $4.41 and a 200 day moving average price of $4.81.
Black Diamond Group Company Profile
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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