Black Diamond Group Ltd (TSE:BDI) was downgraded by analysts at Clarus Securities from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

A number of other brokerages have also commented on BDI. Scotiabank reissued an “outperform” rating and set a C$8.50 price target on shares of Black Diamond Group in a research note on Monday, August 15th. CIBC lowered Black Diamond Group from a “sector perform” rating to an “underperform” rating and dropped their price target for the company from C$6.00 to C$4.50 in a research note on Monday, August 15th. Acumen Capital dropped their price target on Black Diamond Group from C$6.20 to C$5.60 and set a “buy” rating for the company in a research note on Thursday, October 13th. Finally, Raymond James Financial Inc. dropped their price target on Black Diamond Group from C$15.75 to C$13.75 and set a “strong-buy” rating for the company in a research note on Thursday, August 25th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of C$7.01.

Analyst Recommendations for Black Diamond Group (TSE:BDI)

Black Diamond Group (TSE:BDI) opened at 3.49 on Thursday. The stock’s 50 day moving average price is $4.44 and its 200 day moving average price is $4.86. The stock’s market capitalization is $152.86 million. Black Diamond Group has a 1-year low of $3.46 and a 1-year high of $7.74.

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.

Receive News & Stock Ratings for Black Diamond Group Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Diamond Group Ltd and related stocks with our FREE daily email newsletter.