Black Diamond Group Ltd (BDI) Price Target Cut to C$5.60 by Analysts at Acumen Capital
BDI has been the subject of several other research reports. Raymond James Financial Inc. decreased their price objective on Black Diamond Group from C$15.75 to C$13.75 and set a strong-buy rating for the company in a report on Thursday, August 25th. Scotiabank reissued an outperform rating and issued a C$8.50 price objective on shares of Black Diamond Group in a report on Monday, August 15th. Finally, CIBC lowered Black Diamond Group from a sector perform rating to an underperform rating and decreased their price objective for the stock from C$6.00 to C$4.50 in a report on Monday, August 15th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$8.04.
Shares of Black Diamond Group (TSE:BDI) remained flat at $4.52 during midday trading on Thursday. 15,485 shares of the stock traded hands. The stock has a 50-day moving average of $4.40 and a 200-day moving average of $4.82. The stock’s market cap is $208.44 million. Black Diamond Group has a one year low of $3.74 and a one year high of $10.08.
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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