Black Diamond Group Limited (BDI) Price Target Cut to C$2.00
Black Diamond Group Limited (TSE:BDI) had its price objective lowered by equities research analysts at Scotiabank from C$2.25 to C$2.00 in a research report issued on Thursday. The firm presently has an “underperform” rating on the stock. Scotiabank’s target price indicates a potential downside of 6.10% from the stock’s previous close.
Other research analysts have also recently issued reports about the stock. CIBC lowered their price target on shares of Black Diamond Group Limited from C$1.75 to C$1.50 in a research report on Friday, October 20th. Acumen Capital lowered their price target on shares of Black Diamond Group Limited from C$4.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday, August 8th. Clarus Securities raised shares of Black Diamond Group Limited from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. Raymond James Financial, Inc. lowered their price target on shares of Black Diamond Group Limited from C$4.50 to C$2.80 and set an “outperform” rating for the company in a research report on Tuesday, August 15th. Finally, National Bank Financial lowered their price target on shares of Black Diamond Group Limited from C$3.00 to C$2.40 and set a “sector perform” rating for the company in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Black Diamond Group Limited has a consensus rating of “Hold” and an average price target of C$2.92.
Black Diamond Group Limited (BDI) opened at C$2.13 on Thursday. Black Diamond Group Limited has a 12-month low of C$1.55 and a 12-month high of C$5.88.
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In other news, insider Edward James Kernaghan acquired 15,000 shares of Black Diamond Group Limited stock in a transaction on Wednesday, October 25th. The stock was acquired at an average cost of C$1.86 per share, for a total transaction of C$27,900.00. Over the last 90 days, insiders have acquired 83,700 shares of company stock valued at $158,718.
Black Diamond Group Limited 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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