Black Diamond Group Ltd (TSE:BDI) had its price objective reduced by Raymond James Financial, Inc. from C$4.50 to C$2.80 in a report issued on Tuesday. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial, Inc.’s price target suggests a potential upside of 71.78% from the stock’s previous close.

BDI has been the topic of several other reports. Acumen Capital decreased their price target on shares of Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. BMO Capital Markets reissued an “outperform” rating and set a C$6.00 price target on shares of Black Diamond Group in a research note on Tuesday, July 4th. Clarus Securities cut shares of Black Diamond Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. CIBC decreased their price target on shares of Black Diamond Group from C$2.75 to C$1.75 in a research note on Tuesday, August 8th. Finally, National Bank Financial reduced their price objective on shares of Black Diamond Group from C$4.50 to C$3.00 and set a “sector perform” rating on the stock in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of C$3.69.

Black Diamond Group (TSE BDI) traded down 3.68% on Tuesday, hitting $1.57. The company’s stock had a trading volume of 79,503 shares. Black Diamond Group has a 1-year low of $1.55 and a 1-year high of $5.88. The company’s market capitalization is $86.84 million. The company has a 50 day moving average price of $2.44 and a 200-day moving average price of $3.51.

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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.

Analyst Recommendations for Black Diamond Group (TSE:BDI)

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