Black Diamond Group (TSE:BDI) had its target price lowered by Raymond James Financial from C$2.80 to C$2.45 in a research report sent to investors on Friday morning. The brokerage currently has an outperform rating on the stock.

A number of other research analysts have also recently commented on BDI. CIBC dropped their target price on shares of Black Diamond Group from C$2.75 to C$1.75 in a report on Thursday, August 17th. National Bank Financial cut shares of Black Diamond Group from an outperform rating to a sector perform rating and dropped their target price for the stock from C$4.50 to C$3.00 in a report on Thursday, August 17th. Acumen Capital dropped their price objective on shares of Black Diamond Group from C$4.50 to C$3.25 and set a buy rating for the company in a report on Thursday, August 17th. Royal Bank Of Canada dropped their price objective on shares of Black Diamond Group from C$3.50 to C$2.50 and set a sector perform rating for the company in a report on Friday, November 10th. Finally, Clarus Securities lowered shares of Black Diamond Group from a buy rating to a hold rating in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of C$2.87.

Black Diamond Group (TSE BDI) traded up C$0.01 during mid-day trading on Friday, hitting C$2.22. 102,400 shares of the stock were exchanged, compared to its average volume of 234,759. Black Diamond Group has a 52-week low of C$1.55 and a 52-week high of C$5.88.

In other Black Diamond Group news, insider Edward James Kernaghan acquired 115,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was acquired at an average price of C$2.11 per share, for a total transaction of C$242,650.00. In the last quarter, insiders purchased 215,100 shares of company stock valued at $445,614.

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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.

Analyst Recommendations for Black Diamond Group (TSE:BDI)

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