Q4 2017 EPS Estimates for Black Diamond Group Ltd Reduced by Cormark (BDI)
Black Diamond Group Ltd (TSE:BDI) – Investment analysts at Cormark cut their Q4 2017 earnings per share (EPS) estimates for shares of Black Diamond Group in a report issued on Thursday. Cormark analyst J. Zhang now expects that the brokerage will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.04. Cormark also issued estimates for Black Diamond Group’s FY2018 earnings at $0.29 EPS.
Several other equities research analysts have also issued reports on the stock. Clarus Securities lowered shares of Black Diamond Group from a “buy” rating to a “hold” rating in a report on Thursday. Scotiabank lowered shares of Black Diamond Group from an “outperform” rating to a “sector perform” rating and set a C$7.00 target price for the company. in a report on Wednesday. CIBC raised their target price on shares of Black Diamond Group from C$4.50 to C$4.75 in a report on Thursday, November 3rd. Acumen Capital lowered their target price on shares of Black Diamond Group from C$6.20 to C$5.60 and set a “buy” rating for the company in a report on Thursday, October 13th. Finally, Raymond James Financial Inc. lowered their target price on shares of 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. Two analysts have rated the stock with a sell rating, three have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of C$7.01.
Shares of Black Diamond Group (TSE:BDI) opened at 3.49 on Friday. The stock’s market cap is $152.86 million. The firm has a 50-day moving average of $4.44 and a 200-day moving average of $4.86. Black Diamond Group has a one year low of $3.46 and a one year high of $7.74.
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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